What’s Driving Bitcoin’s Record Rally to $121,000-mark?

By Sheetal Kumari | March 3, 2025

MC Desk | July 14, 2025

What’s Driving Bitcoin’s Record Rally to $121,000-mark?

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Bitcoin surged nearly 3% on July 14 to touch a record $121,068, doubling investor wealth in 1 year.

Bitcoin Crosses $121K 

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Ethereum jumped over 3% to $3,046 while Solana soared nearly 3.5% to $167 amid broad market gains.

Crypto Market Follows the Leader

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Market euphoria is linked to the US House debating key crypto regulatory bills this week.

US ‘Crypto Week’ Sparks Global Optimism

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Bills aim to formalise rules for cryptocurrencies and stablecoins, gaining bipartisan support.

‘Clarity Act’ and ‘Genius Act’ in Focus

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Trump’s vow to make the US a “Crypto Capital” has boosted investor confidence in digital assets.

Trump’s Pro-Crypto Pitch Fuels Sentiment

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July 11 saw $1.23 billion pumped into crypto funds, with Bitcoin ETFs alone bagging $1.03 billion.

Record Inflow into Bitcoin ETFs

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Emerging markets like Vietnam are warming up to crypto, following America’s regulatory lead.

Global Embrace of Crypto Growing

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Clearer rules may bring Wall Street giants into the game, strengthening long-term fundamentals.

Institutional Confidence on the Rise

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Moneycontrol advises users to check with certified experts before taking any investment decisions.

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