Bitcoin is back in the spotlight, setting fresh records and racing toward new heights. According to Binance, the world’s leading cryptocurrency soared past the $120,000 mark this week. It is an all-time high for the platform.
At its peak, Bitcoin touched an impressive $122,950, up 1.87% on the day. Shortly after, the price stabilized near $121,940, posting a 3.48% gain. This surge follows last week’s rally, when BTC on Coinbase reached $112,000 per coin, pushing its market cap above $2.17 trillion. With that milestone, Bitcoin secured a place among the five most-traded assets globally, right behind giants like Apple, Microsoft, Amazon, and NVIDIA.
Analysts now believe Bitcoin could climb as high as $135,000 by the end of summer. The recently signed “Big Beautiful Bill” by US President Donald
Trump is fueling this bullish outlook. Notably, Big Beautiful Bill is a legislative package featuring tax breaks, business incentives, and generous deductions. Experts say these pro-growth measures could inject additional liquidity into markets, offering further momentum to the crypto sector, with Bitcoin leading the charge.
