🚀 Bitcoin Smashes $121K ATH – $125K Target Now in Play as Bulls Charge

Bitcoin just rewrote the rulebook—again. The king of crypto punched through $121,000 like a bull through a china shop, leaving traders scrambling to adjust their price targets.

### The FOMO is Real

With institutional money flooding in and retail investors piling on late (as usual), the path to $125K looks clearer than a banker’s conscience. Liquidity? Thin. Momentum? Relentless.

### Wall Street’s Worst Nightmare

Traditional finance dinosaurs are either sweating through their suits or finally capitulating—throwing client money at BTC like it’s the last lifeboat off the Titanic. Spoiler: it might be.

### What’s Next?

Watch for a brief pullback (healthy markets breathe), but don’t bet against the trend. After all, Bitcoin’s only done one thing for 16 years: make ‘impossible’ price predictions look stupid by lunchtime.

Other analysts are however cautious. According to Joao Wedson, the CEO of Alphractal, the rally has been occurring on low volume, which may experience a short-term pullback.

In the meantime, ethereum (ETH) reached a new high of over $3,000 in months, and altcoins such as HYPE reached an all-time high of $48.78, rising 7% in 24 hours. XRP and ADA also registered good 6% gains.

Adding to the hype in the market is the coming crypto Week 2025, which will be held between July 14-17. Three major bills, the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act, will be reviewed by the U.S. lawmakers. 

Analysts believe a “yes” vote on these bills could significantly boost crypto adoption. Investor confidence is high, even though House Democrats made a last-minute effort to initiate an Anti-Crypto Corruption Week.

The overall crypto market cap at press time is $3.71 trillion, with a 3% increase in the last 24 hours, with Bitcoin leading the surge.

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