Bitcoin Price Breaks $123,000, Bullish Momentum Targets $125,000

Bitcoin’s tag climbed above $123,000 this day, according to knowledge from Bitcoin Magazine Pro, hanging it finest tremulous of breaking its recent all-time high of $123,180 space on July 14, 2025. The switch comes amid surging institutional ardour, sage corporate holdings, and rising nationwide-stage earnings from BTC adoption.

Coinciding with Bitcoin’s upward push in tag, this day marked a principal milestone for Michael Saylor’s Bitcoin-heavy agency, Strategy, whose BTC holdings closed at an all-time high valuation of $77.2 billion. Saylor announced on X that this represents a soar of $35.4 billion from the agency’s earlier top of $41.8 billion in 2024. Strategy’s aggressive accumulation technique has made it a number of the finest Bitcoin holders on this planet and a key driver in market sentiment.

Meanwhile, El Salvador’s Bitcoin gamble continues to repay. President Nayib Bukele printed on X that the nation now sits on an unrealized earnings of $468,307,816 from its BTC holdings. After investing $300,548,375 into Bitcoin, the nation’s total BTC stash is now valued at $768,856,191. The nation’s Bitcoin Suppose of job important the milestone, declaring: “El Salvador’s bitcoin guess is paying off BIG TIME! Our holdings finest soared past $770M USD!”

Institutional funding merchandise are additionally seeing surging activity. U.S. space Bitcoin ETFs recorded broad shopping and selling volumes this day, led by BlackRock’s IBIT, which alone traded over $3.7 billion. Fidelity’s FBTC followed because the 2d-most traded, logging $530 million in volume—gargantuan, but tranquil neatly below IBIT’s dominance.

Some market watchers remark the rally could also rob a rapid cease earlier than its next leg better. “There’ll seemingly be more Bitcoin ATHs but I deem we are in a position to see a pullback because alts are working too hot now,” mentioned Samson Mow, CEO of Bitcoin abilities firm Jan3. “Once the altcoin mania passes, Bitcoin will rob off. Here is nice the procedure in which it’s continually been.”

With Bitcoin finest a chunk faraway from setting a unusual sage and both institutional and sovereign adoption accelerating, market participants are searching at closely for a breakout to the following milestone of $125,000. Whether it occurs in hours or days, momentum appears firmly in Bitcoin’s favor—fueled by whale shopping, corporate treasuries, and geopolitical endorsements.

This post Bitcoin Impress Breaks $123,000, Bullish Momentum Targets $125,000 first appeared on Bitcoin Magazine and is written by Nik.