Strong inflows into U.S.-listed Bitcoin exchange-traded funds (ETFs).

Bitcoin prices rose during Monday’s trading, extending gains for the second consecutive day and continuing to set new all-time highs, with trading above the $120,000 level for the first time in history.

This surge comes amid strong inflows into U.S.-based Bitcoin ETFs, and a strong demand from institutional investors, and supportive policies from the administration of U.S. President Donald Trump toward cryptocurrencies.

Price Overview

 • Bitcoin Price Today: On the Bitstamp exchange, the price of Bitcoin rose by $2,308, or 1.94%, to reach $121,448, marking a new all-time high. It opened today’s trading at $119,140, with the lowest level recorded at $118,972.

 • The settlement on Bitstampt exchange on Sunday, Bitcoin prices closed Sunday with a 1.4% gain in the fifth increase in the past six days, amid record demand for the leading cryptocurrency.

 • The world’s largest digital currency “Bitcoin” recorded a 9% gain last week, marking its third consecutive weekly rise.

Cryptocurrency Market Capitalization

The total cryptocurrency market capitalization rose by over $20 billion on Monday to reach $3.818 trillion, the highest level since December 2024, driven by Bitcoin’s record-breaking rally and rising Ethereum prices.

Strong Inflows into Exchange-Traded Funds

Bitcoin exchange-traded funds (ETFs) added approximately $1.03 billion on Friday on the final session of the week. This marked the seventh consecutive day of new inflows into these U.S.-listed products, bringing the total to around $3.735 billion.

On Thursday, July 10, these ETFs recorded their largest daily inflow of 2025, with a value of $1.18 billion.

Bullish Catalysts

Joshua Chu, Co-Chair of the Hong Kong Web3 Association, stated that Bitcoin’s new record highs are being driven by continued institutional accumulation, as major players are taking advantage of limited supply and draining liquidity from exchanges.

In March, President Donald Trump signed an executive order to establish a strategic reserve of cryptocurrencies. He also appointed several crypto-friendly figures, including Paul Atkins as Chairman of the Securities and Exchange Commission, and David Sacks as the White House’s AI Czar.

The U.S. Congress is nearing the approval of new legislation to regulate digital currencies in the United States.

Trump family companies

Trump family businesses have made a strong entry into the world of cryptocurrencies. Trump Media & Technology Group (DJT.O) is reportedly planning to launch a cryptocurrency-focused exchange-traded fund (ETF) to invest in multiple digital assets, including Bitcoin, according to a filing submitted to the U.S. Securities and Exchange Commission (SEC) last Tuesday.

The (ETHUSD) price soars high in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, supported by its continuous trading above EMA50, besides the emergence of positive overlapping signals on the (RSI), after the price success in offloading its overbought conditions, which allows it to achieve more of the gains.

The (Brent) price settled high at its last intraday levels, attempting to gain a bullish momentum that might help it to breach the critical resistance level of $70.00. attempting to offload some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signals appearance, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive support due to its trading above EMA50.

The (silver) price continued its rise in its last intraday trading, to reach its highest level since 2011, amid the continuation of the positive pressure due to its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, on the other hand, we notice the beginning of negative overlapping signals appearance on the (RSI), after reaching overbought levels, which might decelerate the upcoming gains temporarily.