{"id":4560,"date":"2025-08-13T17:16:17","date_gmt":"2025-08-13T17:16:17","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/08\/13\/bitcoin-price-surges-near-all-time-high-btc-poised-to-break-123000\/"},"modified":"2025-08-13T17:16:17","modified_gmt":"2025-08-13T17:16:17","slug":"bitcoin-price-surges-near-all-time-high-btc-poised-to-break-123000","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/08\/13\/bitcoin-price-surges-near-all-time-high-btc-poised-to-break-123000\/","title":{"rendered":"Bitcoin Price Surges Near All-Time High, BTC Poised to Break $123,000"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin Price Surges Near All-Time High, BTC Poised to Break $123,000<\/a><\/p>\n

<\/div>\n

Bitcoin<\/a> surged above $122,000 today, leaving it only about 1% away from setting a new all-time high, according to data from Bitcoin Magazine Pro<\/a>. The current record of $123,180, set on July 14, 2025, could be broken at any moment given Bitcoin\u2019s trademark volatility. With institutional adoption continuing to rise and demand for BTC accelerating, a new record may arrive sooner rather than later.<\/p>\n

\n

#Bitcoin<\/a> is just 1% away from setting a new ATH pic.twitter.com\/tjefL2v4nL<\/a><\/p>\n

\u2014 Bitcoin Magazine Pro (@BitcoinMagPro) August 13, 2025<\/a>\n<\/p><\/div>\n

Adding to this momentum, whale accumulation has hit unprecedented levels. As of yesterday, the number of addresses holding over 100 BTC reached<\/a> a new all-time high of 18,996, surpassing the previous peak of 18,544 from February 26, 2017. Bitcoin Magazine Pro\u2019s chart shows a steady increase in these large holdings, driven in part by corporate treasuries aggressively adding BTC to their balance sheets. Michael Saylor\u2019s firm Strategy has more than doubled its Bitcoin holdings since Donald Trump\u2019s election victory, boosting its total treasury by 60%. This buying spree comes amid a friendlier regulatory climate under the Trump administration, which has rolled back certain Biden-era enforcement actions and introduced pro-crypto policies.<\/p>\n

Macroeconomic conditions are also adding fuel to the bullish fire. US Treasury Secretary Scott Bessent said<\/a> interest rates are \u201ctoo constrictive\u201d and should likely be 150-175 basis points lower. Speaking on Bloomberg Surveillance, he stated, \u201cI think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September\u2026 we should probably be 150, 175 basis points lower.\u201d<\/p>\n

President Trump took it a step further today, calling for the Federal Reserve to cut rates by 3 or 4 points, which would bring them to around 1%. \u201cI believe we should be three or four points lower. So that\u2019s over a trillion dollars we pay\u2014every year\u2014in interest. And it\u2019s truly just a paper calculation. You sign a document and you save almost a trillion dollars\u2026 But despite that, we\u2019re powering through it and have the greatest economy we\u2019ve ever had,\u201d said Trump.<\/p>\n

\n

JUST IN: President Trump said the Fed should lower interests rates by 3 or 4 points to 1% pic.twitter.com\/Njen6ipI2w<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) August 13, 2025<\/a>\n<\/p><\/div>\n

Meanwhile, Cathie Wood, CEO of ARK Invest, reaffirmed her ultra-bullish long-term outlook. Speaking to CoinDesk, she said<\/a>, \u201cI think that we can safely say that our bull case is well over a million, well over a million dollars in five years,\u201d citing Bitcoin\u2019s role as the \u201cgateway into digital assets for institutions\u201d and a \u201csubstitute for gold as a store of value.\u201d<\/p>\n

With institutional inflows, whale accumulation, and potential monetary easing converging, Bitcoin could be on the verge of a historic breakout to new all-time highs.<\/p>\n

This post Bitcoin Price Surges Near All-Time High, BTC Poised to Break $123,000<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Nik<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin Price Surges Near All-Time High, BTC Poised to Break $123,000 Bitcoin surged above $122,000 today, leaving it only about 1% away from setting a new all-time high, according to data from Bitcoin Magazine Pro. The current record of $123,180, set on July 14, 2025, could be broken at any moment given Bitcoin\u2019s […]<\/p>\n","protected":false},"author":0,"featured_media":4561,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-4560","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=4560"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/4561"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=4560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=4560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=4560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}