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In a historic moment for the cryptocurrency market, Bitcoin crossed $120,000 for the first time on Monday, Reuters reported. The world’s largest digital currency surged past the milestone, marking a significant moment in the ongoing Bitcoin rally of 2025. Bitcoin hit an all-time high of $122,571.19 before easing slightly to trade at $121,952.61, still up 2.4% from the previous session.
According to data from global crypto exchanges, Bitcoin surpassed $120,000 after a sharp rally in early trading hours. The price briefly touched $122,000 before stabilizing slightly. Analysts say the move signals strong bullish sentiment and reflects a wider shift in how digital assets are being perceived by both retail and institutional players.
A key factor behind this recent surge is the massive rise in Bitcoin ETF inflows. Major funds, including those by BlackRock and Fidelity, have seen strong inflows in recent weeks. As more traditional investors gain exposure through regulated products, the demand for Bitcoin has climbed steadily.
This institutional support has helped lift prices beyond previous resistance levels, bringing new energy to the market. As a result, Bitcoin’s ATH (all-time high) has become a headline event not just for crypto enthusiasts but also for traditional investors eyeing portfolio diversification.
The rally isn’t just limited to Bitcoin. The broader crypto market trends have also turned bullish, with Ethereum, Solana, and several altcoins posting double-digit gains over the past seven days. Some traders are calling this the strongest Bitcoin surge since early 2021. The recent 29% increase in Bitcoin has triggered a wider rally across other cryptocurrencies in recent sessions
Market experts believe this is not just a short-term spike. Instead, they say it’s part of a longer-term upward trend driven by better regulation, improved investor access, and a maturing crypto ecosystem.
IG market analyst Tony Sycamore said, “It’s riding a number of tailwinds at the moment. It’s been a very, very, strong move over the past six or seven days and it’s hard to see where it stops now. It looks like it can easily have a look at the $125,000 level.”
The fact that Bitcoin has surpassed $120,000 is being hailed as a major win for the digital asset industry. It reflects how far the market has come since the early days and shows growing mainstream acceptance.
Gracie Lin, OKX’s Singapore CEO, said, “What we find interesting and are watching closely are the signs that bitcoin is now being seen as a long-term reserve asset, not just by retail investors and institutions but even some central banks. We’re also seeing increasing participation from Asia-based investors, including family offices and wealth managers. These are strong signs of bitcoin’s role in the global financial system and the structural shift in how it is perceived, suggesting that this isn’t just another hype-driven rally.”