Bitcoin Soars to Historic $123,000 as BTC ETF Inflows Keep Rising Intensively
On July 14, 2025, the world’s leading cryptocurrency by market cap, Bitcoin, spiked to a new record-breaking historic peak of $123,000, marking a massive new price milestone.
This price breakout took Bitcoin much higher than the two previous all-time highs in March and June this year. This price breakthrough occurred amid a substantial increase in institutional investors’ confidence, despite the impending start of Donald Trump’s trade tariffs following the 90-day pause.
Bitcoin’s performance this year has been quite remarkable as it rose by more than 26% year-to-date, outperforming the majority of top traditional assets, including major stock indexes and gold. Once viewed as just a bold digital experiment and even a “bubble” by Wall Street, has now turned into a mainstream investment asset and a tool of the national US financial strategy. Following Bitcoin, the second-biggest crypto, Ethereum, also regained the $3,000 level for the first time since February.
Bitcoin ETFs See Largest Daily Inflows in 2025
The latest Bitcoin price surge has been propelled by a powerful mix of drivers – the increased institutional adoption and recent macroeconomic developments. Financial institutions continue to actively buy spot Bitcoin ETF shares from BlackRock, Fidelity, Ark Invest, Bitwise, and other providers.
On Thursday last week, the ETFs saw cumulative stunning inflows of $1.18 billion, marking the largest daily inflows in 2025 so far. Ethereum ETFs experienced their second-largest day of inflows this year, absorbing $383.1 million.
However, the Bitcoin rally began a day earlier, on Wednesday, when the scheduled FOMC meeting took place, and it showed a divergence among government officials as to how aggressively they would be willing to cut interest rates. This pushed markets high up, and not only Bitcoin, but also tech stocks.
ETF inflows have been increasing since April 17, when Trump hinted that he may remove the current Federal Reserve chairman, Jerome Powell, due to his strong stance against cutting interest rates. While the new Fed chairman could yield to the president’s pressure and bring the rates down, institutions have increased their crypto bets, pouring roughly $16 billion into Bitcoin and Ethereum ETFs.
However, it was not only the new Bitcoin all-time high that shook the market this week. As the price shot up, a massive wave of liquidations rolled across the crypto markets. Bitcoin faced more than $550 million in short liquidations, while Ethereum this volume totalled more than $195 million. Seeing the prices go up, bears who shorted BTC and ETH had to begin buying back these coins to close their positions, driving the prices higher.
Trump’s Tariffs and Genius Act Adding to Bitcoin’s Rise
President Donald Trump’s policies have also made a vast contribution to the bullish Bitcoin momentum. After his active support of crypto before the election last year, he helped score the Bitcoin all-time high on January 20, when he took office. Apart from pardoning the Silk Road founder, Ross Ulbricht, he also approved the future creation of a Strategic Bitcoin Reserve in the US.
However, three months ago, he announced gigantic trade tariffs on goods imported from other countries. The highest ones were set against China. After that, Trump allowed a 90-day pause during which these tariffs were either reduced or frozen, giving countries a chance to make a trade deal with the US. However, only two or three countries have made that deal during this period, contrary to Trump’s high expectations.
If 90 days ago the announcement of those tariffs shocked the markets and pushed the Bitcoin price down, this time BTC, fueled by other drivers, soared rather than moved down on the news.
Another recent driver that has contributed to the eventual Bitcoin jump to the new all-time high was the passing of the Genius Act in the Senate. This bill established a federal framework for issuing stablecoins and licensing crypto custodians.
Robert Kiyosaki Wants to Buy More Bitcoin
Among the biggest Bitcoin supporters is Robert Kiyosaki, the renowned author of the “Rich Dad Poor Dad” book. On Sunday, he noted the recent massive Bitcoin rise in a tweet, stating that he intends to buy one more Bitcoin “asap.” He believes that buying and holding Bitcoin is an easy way to become rich, unlike with other assets. Bitcoin can even make you a millionaire in the future, he stated: “Going to buy one more Bitcoin asap. It’s never been easier to become rich…. even a millionaire.”
Kiyosaki is following the playbook of Michael Saylor’s Bitcoin treasury company Strategy, even though he is doing it on a retail investor scale. Earlier, Kiyosaki predicted that this year Bitcoin would surge to $250,000 and by 2035, it would reach one million dollars per coin.