#牛市季来临 Bitcoin Price Breaks Through and Market Dominance Strengthens: On July 14, 2025, Bitcoin broke through the $120,000 mark, reaching a high of $123,100, setting a new historical record and ending an eight-month oscillation between the $90,000 and $110,000 range. Furthermore, in 2025, Bitcoin's market dominance strongly broke through the 60% barrier, reaching a historical high since 2021, with a market capitalization of $1.3 trillion.

Mainstream Cryptocurrencies Follow Suit: Under Bitcoin's leadership, the cryptocurrency market flourished. In July 2025, Ethereum rose over 18%, while mainstream cryptocurrencies such as SOL and XRP followed suit with gains of 3%-7%, and Stellar (XLM) skyrocketed by over 90%.

Institutional Funds Continue to Flow In: The approval of Bitcoin ETFs has played a key role, with assets under management growing to approximately $150 billion over the past two years, plus MicroStrategy's about $70 billion, totaling over $200 billion. These funds are essentially equity capital, making it difficult to trigger a panic sell-off even if prices drop, providing stable support for the market.