Bitcoin Surges Above $122,000 Following Positive Developments in 2025
In a remarkable turnaround, Bitcoin has surged above $122,000, nearing its all-time high of $123,000, as the cryptocurrency market responds to a series of positive developments in the past week. This increase has been attributed to a pro-crypto executive order from the White House and significant inflows into Bitcoin exchange-traded funds (ETFs) over three consecutive days.
On Monday morning, Bitcoin’s price escalated by over 3.3%, reaching $122,150, according to TradingView data. Henrik Andersson, Chief Investment Officer at Apollo Crypto, remarked that this upward movement was anticipated after a month of market consolidation. He stated, “Bitcoin has been stuck in a low-volatility band between $115,000 and $120,000 despite all the good news.”
The catalyst for this sudden price increase appears to be linked to U.S. President Donald Trump’s executive order allowing cryptocurrency investments within 401(k) retirement plans. This move is seen as a potential gateway for approximately $9 trillion of additional funds to enter the Bitcoin and broader cryptocurrency markets.
Moreover, prominent figures in the cryptocurrency space are also signaling further investment. Michael Saylor, CEO of MicroStrategy, hinted on social media that his company plans to acquire more Bitcoin, emphasizing, “If you don’t stop buying Bitcoin, you won’t stop making money.”
In conjunction with this news, Bitcoin ETF issuers have reportedly purchased a substantial $773 million worth of Bitcoin during the last three trading days of the previous week, as per data from Farside Investors. This influx of institutional investment demonstrates growing confidence in Bitcoin’s long-term viability.
Despite the price surge, the Crypto Fear & Greed Index remains in the “Greed” zone, currently scoring 70 out of 100. This suggests that market sentiment is optimistic but not excessively overheated. As of Monday, the index indicated a slight uptick of one point from the previous day, reflecting ongoing positive sentiment toward Bitcoin.
In terms of market activity, Google search interest for Bitcoin has only increased modestly, scoring 48 out of 100 relative to its highest point in the past year, which occurred in mid-November 2024, following the U.S. election results. This suggests that while interest is rising, it has not yet reached peak levels seen previously.
Bitcoin’s ascent has also had a positive ripple effect on other cryptocurrencies. Ether (ETH) has witnessed a 1.8% increase over the last 24 hours, contributing to its impressive growth from $1,435 in early April to $4,315 currently, as indicated by TradingView data. This coalescence of price rallies has propelled the total cryptocurrency market capitalization to an extraordinary $4.14 trillion, setting a new all-time high, as reported by CoinGecko.
“The U.S. risks being ‘front-run’ on Bitcoin reserve by other nations,” warns Samson Mow, underscoring the competitive global landscape for cryptocurrency adoption.
As the cryptocurrency landscape continues to evolve in 2025, the implications of regulatory changes and institutional investments will likely shape the future of Bitcoin and its peers. For ongoing updates and insights, Cointelegraph remains committed to delivering high-quality journalism across the crypto, blockchain, fintech, AI, and iGaming sectors.
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