🚨 Bitcoin Hits New All-Time High: Now Trading Above $121K
Monnie Brunt OkvK
Updated at: 5 hours ago
{"content":"🚨 Bitcoin Hits New All-Time High: Now Trading Above $121K
Bitcoin has officially surged past $120,000, and as of midday Hong Kong time, it’s already trading above $121,000 — marking a 28% gain so far in 2025.
📈 The rally follows President Trump’s announcement of a 30% tariff on the EU and Mexico, starting August 1st.
📊 All eyes are now on upcoming U.S. inflation data, expected to show rising costs — a key factor that could influence the Fed’s next move.
🔍 According to John Glover, CEO of Ledn, Bitcoin’s 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.
“Breaking to new highs confirms the recent dip was just a setup for the next wave up,” Glover noted.
As macro tensions rise, Bitcoin continues to draw attention as a hedge and high-performing asset.
Is $136K next?
👇 Drop your thoughts below.
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