đ Bitcoin Soars to Historic $124K ATH as Fed Rate Cut Hype Ignites Market Frenzy
Bitcoin just bulldozed through another psychological barrierâsmashing its previous record to trade at $124,000 as Wall Street bets on imminent Fed easing.
The Macro Domino Effect
Powell's pivot whispers turned into a roar this week, with CME futures now pricing in three 2025 rate cuts. Suddenly, every institutional balance sheet looks naked without crypto exposure.
Liquidity Tsunami Ahead?
Traders are front-running what could be the greatest liquidity injection since 2020. Funny how 'risk assets' become 'must-hold assets' when the money printer gets warm.
The Institutional FOMO Playbook
BlackRock's ETF inflows tell the story: $2B daily buys last week. Meanwhile, gold bugs weep into their physical bars.
This isn't speculation anymoreâit's a full-scale reassessment of store-of-value hierarchies. And for once, the suits aren't late to the party (just fashionably greedy).
TLDR
-
Bitcoin surged 32% in 2025, reaching $124K amid Fed rate-cut speculations and Trumpâs crypto push.
-
Bitcoin ETFs saw $86.91 million in inflows on Aug 13, driving continued institutional interest.
-
President Trumpâs pro-crypto policies boost market sentiment, aiding Bitcoinâs rise.
-
Bitcoinâs market cap now surpasses Google, solidifying its status as a global asset.
Bitcoin price surged to a new all-time high on Thursday, crossing $124,457, a significant leap from its previous peak set in July. The climb came amid rising expectations that the US Federal Reserve will soon ease its monetary policy. This optimistic outlook is further fueled by recent financial reforms and Bitcoinâs growing adoption. As Bitcoinâs value continues to climb, the digital assetâs market capitalization has expanded, placing it ahead of tech giants like Google.
This upward movement reflects not only the crypto marketâs overall positive sentiment but also institutional confidence in Bitcoin. Ether, the second-largest cryptocurrency, also saw gains, touching $4,780.04, its highest level since late 2021. Analysts suggest that Bitcoinâs price surge is fueled by increasing adoption, ETF inflows, and the potential for a rate cut by the Federal Reserve.
Trumpâs Policies and Fed Rate-Cut Speculation
Bitcoin price remarkable rise is partly attributed to President Donald Trumpâs pro-crypto stance. With TRUMP now in the White House again, the crypto sector has seen a boost due to favorable regulatory changes.
Trump, who has called himself the âcrypto president,â has shown support for policies that favor cryptocurrency adoption, including the recent push for regulatory clarity around digital assets.
Market expectations are also heavily influenced by the Federal Reserveâs monetary policy. Analysts widely anticipate a rate cut on September 17, 2025, after key figures, including Treasury Secretary Scott Bessent, suggested a potential series of cuts. A reduction in interest rates could stimulate riskier asset investments, such as Bitcoin, which benefits from a low-interest-rate environment.
Institutional Demand and Bitcoin ETFs Fuel Growth
Bitcoin price rally is supported by continued institutional interest, evidenced by strong inflows into Bitcoin ETFs. On August 13, Bitcoin ETFs saw $86.91 million in daily net inflows, pushing total net assets to $156.69 billion.
The iShares bitcoin Trust, led by BlackRock, holds the largest share of this pool with $89.11 billion in assets, reflecting growing institutional confidence in Bitcoin.
Institutional investors are now viewing Bitcoin ETFs as a complementary asset to traditional stocks. The increase in institutional backing strengthens Bitcoinâs position as a global asset, offering further support to its price. Pankaj Balani, CEO of Delta Exchange, noted that Bitcoinâs limited supply and institutional backing suggest that its current uptrend could continue.
Wyckoff Method Signals Further Bullish Bitcoin Price Move
Bitcoinâs current movement aligns closely with the Wyckoff schematic, with the price following the typical pattern expected in a bullish phase. According to @EzyBitcoin, Bitcoin is currently in the Sign of Strength (SoS) phase, which signals the beginning of a major bullish MOVE after a long accumulation period by large players.
The SoS phase typically sets its first target at the 1.618 Fibonacci level, currently around $130,000. The second target, based on the 2.0 Fibonacci extension, is NEAR $145,000, with the final target projected around $166,000. This bullish trend points to significant potential upside for Bitcoin in the coming months, further supported by strong institutional interest and favorable market conditions.
Market sentiment remains highly optimistic, with the Fear & Greed Index registering 75 on August 14, signaling strong buying interest. This figure is an increase from the previous dayâs reading of 73, showing that investor confidence remains high despite minor fluctuations in the market. The index is closely watched by traders, as a high score suggests bullish behavior, though it may also indicate that Bitcoin is becoming overbought.