Crypto Is on Fire as Bitcoin Nears $120K in Unstoppable Surge

Bitcoin goes on again. And this time, the climbing feels different.

The world’s largest cryptist continues to dizzle on Friday, leaps with several symbolic price thresholds in a few hours and consistently a high time in a row.

Bitcoin barely interrupted after $ 112,000. Wednesday. Thursday and Friday morning from $ 113,000, $ 114,000, then $ 115,000, $ 116,000, $ 117,000, 117,000 to $ 117,000 and finally to $ 117,000 and finally and the stabbing period. This is almost $ 7,000 in less than 48 hours.

The speed of the rally is now, according to the COINGECKO information firm, now electrified the entire crypto market worth $ 3.75 trillion. 63% of the market in Bitcoin alone, from the end of 2022, Crowpto represents a dramatic return from the end of 2022 when it fell from $ 900 billion in winter.

What does the driver do?

Several force turns the last bull period, but the most immediate catalyst looks political.

On July 10, President Donald Trump renewed the challenges of the Federal Reserve Jerome Powell, the challenges to reduce aggressive interest rate. “Tech shares, industrial resources, and NASDAQ, always shot, record heights! wroten all hats in the truth Social. “The Fed must land down quickly reflecting this strength. No inflation !!!”

Markets appear in response to Trump’s pressure. Low interest rates reduce borrowed value and usually increases liquidity in financial markets, risk assets such as cryptists.

In June 147,000 non-new economic salary report, a non-strong business report compared to 110,000 forecast, was not enough to cool the investor’s appetite. Push Push to facilitate Trump’s money, markets encouraged to review the hawk signals and double the cryptist.

Bitcoin’s cultural moment

Bitcoin rally is a more cultural phenomenon. Those who influenced Crypto, the evangelists and billionaires are buried at the moment.

Michael Sayan Saylor, which translates the program company MicroStraty Corporate Bitkoin, increased with a characteristic mythical writing: “Eternal halls echo the cry by the cry of those who sell Bitcoin.”

Eternal halls echoes by the cry of those who sell Bitcoin.

– Michael Saylor (@saylor) 10 July 2025

Cameron Winklevoss, co-founder of the twins, attended by sharing a memo that seized the obsession. In the picture Bitcoin calls attention: “Check me, check.” Answer: “Take Bitcoin, I’m trying to work.”

pic.twitter.com/vlfsbnynic

– Cameron Winklevoss (@Cameron) 10 July 2025

What danger is there?

Bitcoin is finally referendum in connection with not entering the macroactive class.

He ran for $ 120,000 and the weekend 130,000 dollar, alternatives to traditional assets, increasing Bitcoin, which further increases Bitcoin, can lead to a new wave of institutional investment and institutional investment (missing). Bitcoin will only strengthen its place in a wide financial system.

As a result of the 2024 election, the US government was dramatically pivot. The new congress – once in doubts, now hugs Crypton as before. Prabistrants recently announced the week of July 14 as Crypto Week, and declared numeric assets to formalize the American financial system. Dynaming, Bill entries and Bipartisan panels are planned to take place in Capitol Hill, covering the tax reforms from Stablecoin frames to tax reforms and the blockhain infrastructure.

Bitcoin’s historical growth comes only when opening Washington doors. The rapprochement of political will and market rate can signalize the beginning of the crypto’s main moment in America.

Now the question is just a little bitcoin, but this time the world is finally ready to do so.