Bitcoin has surged previous $122,000 at this time, solely about 1% off the best setting ever, in response to knowledge from Bitcoin Journal Professional. The present file of $123,180 set on July 14, 2025 may break at any time, taking into consideration the volatility of Bitcoin emblems. New data may arrive sooner than late as systemic adoption continues to extend and BTC calls for speed up.
#bitcoin is just one% away from the brand new ATH settings
– Bitcoin Journal Professional (@bitcoinmagpro) August 13, 2025
Along with this momentum, whale accumulation has hit unprecedented ranges. As of yesterday, the variety of addresses holding over 100 BTC reached a brand new all-time excessive of 18,996, surpassing the earlier peak of 18,544 from February 26, 2017. The BitcoinMagazinePro chart reveals a gradual enhance in these large retention, pushed partially by Company Trazers, which actively provides BTC to Stability Shetz. Michael Saylor's company technique has greater than doubled Bitcoin holdings and elevated the Complete Treasury Division by 60% since Donald Trump's election victory. The acquisition is available in a extra pleasant regulatory setting underneath the Trump administration, which rewinded sure Biden-era enforcement measures and launched pro-crypto insurance policies.
Macroeconomic situations additionally add gasoline to the bullish fireplace. U.S. Treasury Secretary Scott Bescent mentioned rates of interest have been “too constrictive” and will in all probability be at a low 150-175 foundation factors. Talking about Bloomberg's surveillance, he mentioned, “I believe we will begin with a 50 foundation price minimize in September after which we will go right into a sequence of price cuts right here. It ought to in all probability be 150, 175 foundation factors decrease.”
President Trump took {that a} step additional at this time, calling for the Federal Reserve to chop it by three or 4 factors. This can end in about 1%. “We consider we have to have three or 4 factors decrease. So it's over the trillion {dollars} we pay. It's actually a paper calculation. You signal the doc and save virtually a trillion {dollars}… However regardless of that, we've run via it and have the best financial system ever,” Trump mentioned.
simply:
President Trump mentioned the Fed ought to minimize rates of interest by 3 or 4 factors
pic.twitter.com/njen6ipi2w
– Bitcoin Journal (@bitcoinmagazine) August 13, 2025
In the meantime, Ark Make investments CEO Cathie Wooden reaffirmed her ultra-vulnerable long-term outlook. Talking to Coindesk, she mentioned, “I believe we will safely say that our bull case is effectively over $1 million in 5 years.”
With institutional inflow, whale accumulation and potential monetary easing converging, Bitcoin could also be on the disaster of a historic breakout.
This submit Bitcoin value is nearing an all-time excessive, with BTC able to beat $123,000, first showing in Bitcoin journal and written by NIK.
