Bitcoin exchange rate exceeds record $120,000 amid institutional demand

17:04 - 14.07.2025


July 14, Fineko/abc.az. On the night of July 14, the price of the first cryptocurrency updated its historical maximum, exceeding the $120,000 mark. The growth since the beginning of the month was 13%.

ABC.AZ informs that the rally is supported by institutional investors. Assets under management of the IBIT spot bitcoin ETF from BlackRock exceeded $84 billion. The fund increased this volume in 200 trading days, whereas gold GLD ETF took 15 years to do so.