Performance of Bitcoin (BTC) Today: An Overview
Bitcoin (BTC), the largest and most famous cryptocurrency, is experiencing notable movements today, Monday, July 21, 2025. After a period of volatility, the price of Bitcoin shows relative stability with a tendency to rise, surpassing the $118,000 mark. This performance is attributed to several key factors affecting the market in general.
Factors Influencing Bitcoin's Price
The value of Bitcoin is influenced by several interrelated factors, including:
* Institutional demand and adoption: Strong institutional demand remains one of the main drivers of Bitcoin's price. As major companies and financial institutions become increasingly interested in cryptocurrencies as investment assets, the flow of capital into Bitcoin is rising.
* Legislative and regulatory developments: The United States, for example, is witnessing discussions around new legislation that may impact the cryptocurrency market. Positive expectations regarding a clearer regulatory environment can enhance investor confidence and drive prices higher. On the other hand, any warnings or new tariffs may exert downward pressure
