📈 Evolution of Bitcoin: from origins to new records

1. Continuous growth and current value

Today in July 2025, Bitcoin is trading around $118,000 USD per unit, with slight fluctuations in the last 24 hours   . This month, it has already risen about 10%, and has accumulated approximately 27% profit since the beginning of the year   .

2. Historical cycles and market patterns

Since its creation in 2009, the price of Bitcoin has experienced parabolic rises during each halving cycle, followed by sharp corrections. For example, it went from a few cents to $69,000 in 2021  . In recent cycles, the increase from market lows to highs has been between 5 to 6 times, and it is projected that this cycle could culminate with prices close to $150,000–243,000 USD depending on the model used  .

3. Institutional and technological momentum

Institutional adoption has skyrocketed in 2025: Bitcoin ETFs have attracted billions in capital, the Lightning network is growing rapidly, and large companies are integrating blockchain-based solutions into their operations   . Even after a giant $9 billion sale by Galaxy Digital, the market absorbed the movement without significant impact, indicating growing maturity .

4. What is driving this new phase?

• Rate cuts by the Federal Reserve.

• The launch of ETFs backed by major entities like BlackRock and Fidelity.

• Expectation of clearer regulations in the U.S., which strengthen institutional confidence     .

5. Risks and volatility to consider

Although the trend is upward, Bitcoin remains very volatile. Corrections of 20–30% are common even in optimistic markets, and it may face pullbacks before reaching new highs  . Additionally, part of its growth is tied more to expectations and speculation than to solid fundamentals.