đš Bitcoin Hits New All-Time High: Now Trading Above $121K
Bitcoin has officially surged past $120,000, and as of midday Hong Kong time, itâs already trading above $121,000 â marking a 28% gain so far in 2025.
đ The rally follows President Trumpâs announcement of a 30% tariff on the EU and Mexico, starting August 1st.
đ All eyes are now on upcoming U.S. inflation data, expected to show rising costs â a key factor that could influence the Fedâs next move.
đ According to John Glover, CEO of Ledn, Bitcoinâs breakout is likely just the beginning. He forecasts a potential run to $136,000 by year-end, fueled by ETF inflows, corporate adoption, and bullish market structure.
âBreaking to new highs confirms the recent dip was just a setup for the next wave up,â Glover noted.
As macro tensions rise, Bitcoin continues to draw attention as a hedge and high-performing asset.
Is $136K next?
đ Drop your thoughts below.
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