Bitcoin breaches a record $120,000 amid institutional demand
Overnight on July 14, the price of the leading cryptocurrency set a new all-time high, surpassing $120,000. It is up 13% since the start of the month. Daily BTC/USD chart on Binance. Data: TradingView. Institutional investors are fuelling the rally. Assets under management in BlackRock’s spot bitcoin ETF, IBIT, have exceeded $84 billion. The fund […]