Core Viewpoint - Bitcoin has continued its upward trend, surpassing $120,000, driven by strong performance of cryptocurrency ETFs and institutional buying [1][2] Group 1: Bitcoin Price Movement - Bitcoin reached a high of $122,600 during Asian trading hours, marking a new historical peak [1] - The price surge is attributed to significant inflows into Bitcoin ETFs, with a record net inflow of $1.18 billion last Thursday, the best since 2025 [1] Group 2: Institutional Investment and Market Sentiment - Institutional buyers are believed to be the driving force behind the current price increase, with expectations of Bitcoin surpassing $125,000 in the next couple of months [1] - There is a general expectation among investors that Bitcoin will continue to set new highs this year, supported by accelerated corporate allocation and upcoming regulatory clarity from the U.S. Congress [1] Group 3: Regulatory Developments - The U.S. House of Representatives is set to review a series of cryptocurrency bills aimed at providing a clearer regulatory framework for the digital asset industry, with support from President Trump [1][2] - The most significant bill under review is the "Genius Act," which may establish a federal regulatory framework for stablecoins and pave the way for private sector issuance of digital dollars [2] Group 4: Market Predictions and Risks - Analysts predict that Bitcoin's year-end target price could range between $140,000 and $160,000, although risks remain from the Federal Reserve's potential continuation of a hard policy stance and further interest rate hikes due to tariffs [2]
ETF吸金潮助力比特币突破12万美元创新高,年末目标直指16万美元
Zhi Tong Cai Jing·2025-07-14 07:22