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- Bitcoin rockets past $120K 🚀
Bitcoin rockets past $120K 🚀
It's been a hell of a run for Bitcoin, with its record mark now $11K higher than this time last week. Will the bullishness continue?
Andrew Hayward
July 14, 2025
📝 What you need to know
The price of Bitcoin continued blasting off to new heights late Sunday and into Monday, surging past $120,000 for the first time and continuing to a new all-time peak of nearly $123,000, per data from CoinGecko. Some places, like Coinbase, even show a hop above the $123K mark.
Momentum has cooled somewhat since, with Bitcoin’s price now hovering around the $120K mark again. Even so, it’s been Bitcoin’s best week since May, and traders on Myriad are mostly bullish, giving BTC a 91% chance of remaining above the $100K mark throughout the rest of July.
That said, they’re not convinced that Bitcoin will finish the week above the $122K mark. Technical analysis shows that BTC is in position to potentially continue gaining, though that doesn’t mean it’s a sure thing that the price will keep surging ahead.
📊 Myriad Market of the Day
💬 Quote of the Day
“People are preferring Ethereum over Bitcoin. Although the number is lower than Bitcoin, proportionally, it’s much more significant.”
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