Bitcoin reaches $123,000: The Future of Cryptocurrencies
Here is a summary of the latest news about cryptocurrencies, based on information updated until July 2025:
1. **Bitcoin reaches new highs and faces volatility**:
- The price of Bitcoin has surpassed **$123,000** in July 2025, marking a 75% increase since November of the previous year. However, it has shown volatility, retreating from historic highs near $123,000 to levels of $117,000, influenced by concerns about tariffs and interest rates. Analysts suggest that a daily close above $113,000 could trigger an accelerated price discovery phase, with projections pointing to $160,000 if it overcomes key resistances at $120,000.[](https://es.investing.com/crypto)[](https://es.cointelegraph.com/)