3 Factors Behind Bitcoin's Latest Record High. Will This Major Cryptocurrency Continue to Rise?

By Dominic Basulto – Jul 15, 2025 at 4:30AM

Key Points

Bitcoin just hit a new all-time high of $120,000, primarily on the basis of rising institutional demand.

New crypto-friendly policies from the Trump administration are also helping to power Bitcoin higher.

While crypto market sentiment is currently bullish, there are still many unanswered questions related to the U.S. economy and global trade.