$BTC
Bitcoin surged past $120,000, currently hovering around $120,989, up roughly 2.7% today. It reached a record $121,207 earlier in Asian trading before stabilizing near $120,856 .
Key drivers include:
U.S. legislative momentum: “Crypto Week” bills advancing in the House have boosted investor confidence .
Institutional/flurry inflows: Spot Bitcoin ETFs and corporate treasuries continue to absorb supply .
Macro backdrop: Tariff concerns and rate-cut expectations are steering capital into BTC as a hedge .
Looking ahead, analysts forecast further upside toward $134k–$150k by year‑end—while cautioning that volatility and regulatory roadblocks remain potential risks.