{"id":55908,"date":"2025-07-14T09:38:27","date_gmt":"2025-07-14T09:38:27","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-hits-another-all-time-high-at-123000-beats-amazon-to-become-the-5th-largest-asset-by-market-cap\/"},"modified":"2025-07-14T09:38:27","modified_gmt":"2025-07-14T09:38:27","slug":"bitcoin-hits-another-all-time-high-at-123000-beats-amazon-to-become-the-5th-largest-asset-by-market-cap","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-hits-another-all-time-high-at-123000-beats-amazon-to-become-the-5th-largest-asset-by-market-cap\/","title":{"rendered":"Bitcoin hits another all-time high at $123,000, beats Amazon to become the 5th largest asset by market cap"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/image-59-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/image-59-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/image-59-smartcrop-750x375.webp\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/image-59-smartcrop-363x181.webp\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li data-start=\"382\" data-end=\"615\">According to data from companiesmarketcap.com, Bitcoin\u2019s current market capitalisation stands at $2.407 trillion.<\/li>\n<li data-start=\"382\" data-end=\"615\">Bitcoin reached a new all-time high of $123,091.61 on Monday, as per CoinMarketCap data.<\/li>\n<li data-start=\"382\" data-end=\"615\">Just last week, the BTC ETFs saw two days with over $1 billion in inflows.<\/li>\n<\/ul>\n<p data-start=\"382\" data-end=\"615\">Bitcoin surged past the $120,000 mark for<a href=\"https:\/\/coinjournal.net\/news\/bitcoin-hits-record-high-above-120k-us-june-inflation-data-awaited\/\"> the first time earlier on Monday<\/a>, driven by sustained institutional demand, strong exchange-traded fund (ETF) inflows, and renewed optimism surrounding upcoming US crypto legislation.<\/p>\n<p data-start=\"617\" data-end=\"946\">The world\u2019s largest cryptocurrency was last seen at $122,559, up 3.23% at the time of writing.<\/p>\n<p data-start=\"617\" data-end=\"946\">Earlier, it reached a new all-time high of $123,091.61, as per CoinMarketCap data.<\/p>\n<p data-start=\"617\" data-end=\"946\">Over the past five days, Bitcoin has gained approximately 12%, extending its rally to a 103% increase compared to the same time last year.<\/p>\n<p data-start=\"948\" data-end=\"1240\">According to data from companiesmarketcap.com, Bitcoin\u2019s current market capitalisation stands at $2.407 trillion, making it the fifth-largest asset globally, ahead of Amazon, Silver, and Google.<\/p>\n<p data-start=\"948\" data-end=\"1240\">Only Gold, NVIDIA, Microsoft, and Apple command higher market values.<\/p>\n<h2 data-start=\"1242\" data-end=\"1287\">ETF flows signal institutional conviction<\/h2>\n<p data-start=\"1766\" data-end=\"2068\">Spot Bitcoin ETFs in the United States have pulled in $16.2 billion in cumulative inflows since April, according to data from SoSoValue.<\/p>\n<p data-start=\"1766\" data-end=\"2068\">The rise in ETF demand comes amid a broader shift among asset managers and hedge funds seeking exposure to Bitcoin as part of a diversified macro allocation.<\/p>\n<p data-start=\"1766\" data-end=\"2068\">Just last week, the BTC ETFs saw two days with over $1 billion in inflows.<\/p>\n<p data-start=\"1766\" data-end=\"2068\">On Thursday, <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-ether-etfs-see-second-largest-inflows-ever-as-prices-hit-new-highs\/\">US spot BTC ETFs registered $1.18 billion inflows<\/a>, which were followed by a $1.02 billion inflow on Friday.<\/p>\n<h2 data-start=\"2070\" data-end=\"2121\">Crypto Week in Washington fuels optimism<\/h2>\n<p data-start=\"2123\" data-end=\"2367\">This week marks the beginning of the\u00a0 \u201cCrypto Week\u201d in Washington, D.C., where lawmakers are expected to debate and possibly advance two key pieces of legislation: the CLARITY Act and the GENIUS Act.<\/p>\n<p data-start=\"2369\" data-end=\"2639\">The CLARITY Act aims to establish a formal regulatory framework for cryptocurrencies, clarifying jurisdiction between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)\u2014a longstanding demand of the crypto sector.<\/p>\n<p data-start=\"2641\" data-end=\"2854\">The GENIUS Act, meanwhile, proposes a legal foundation for US dollar-pegged stablecoins, potentially paving the way for a clearer regulatory pathway for firms issuing or working with such digital assets.<\/p>\n<h2 data-start=\"2641\" data-end=\"2854\">Public companies continue BTC Accumulation<\/h2>\n<p data-start=\"3140\" data-end=\"3415\">Market confidence is also reflected in corporate treasury activity.<\/p>\n<p data-start=\"3140\" data-end=\"3415\">According to available public disclosures, more than 125 publicly listed firms now collectively hold 847,000 BTC, which accounts for approximately 4.03% of Bitcoin\u2019s capped 21 million supply.<\/p>\n<p data-start=\"3417\" data-end=\"3718\">Among these firms are high-profile names such as Strategy, Tesla, and several Bitcoin mining companies that retain coins on their balance sheets.<\/p>\n<p data-start=\"3417\" data-end=\"3718\">Analysts suggest these holdings add a layer of long-term price support, as most corporate buyers are unlikely to sell into short-term rallies.<\/p>\n<h2 data-start=\"3720\" data-end=\"3759\">Is above $130,000 next for BTC?<\/h2>\n<p>In a note last week, 10X Research said the latest breakout was driven by a clear shift in market structure toward a bullish trend.<\/p>\n<p>While the firm had earlier anticipated a broader summer consolidation, its outlook turned more optimistic in recent weeks due to limited upside positioning, creating conditions for a sharp move higher.<\/p>\n<p>The firm noted that a fresh trading signal was triggered when Bitcoin posted a new short-term high, indicating the rally may continue.<\/p>\n<p>Historically, similar signals have delivered a median gain of 20%, with six out of ten instances resulting in positive returns.<\/p>\n<p>If the pattern holds, 10X Research said Bitcoin could climb to $133,000 by September.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        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to data from companiesmarketcap.com, Bitcoin\u2019s current market capitalisation stands at $2.407 trillion. Bitcoin reached a new all-time high of $123,091.61 on Monday, as per CoinMarketCap data. Just last week, the BTC ETFs saw two days with over $1 billion in [&hellip;]<\/p>\n","protected":false},"author":3947362387,"featured_media":55909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/55908"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362387"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=55908"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/55908\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/55909"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=55908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=55908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=55908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}