Cryptocurrency / Bitcoin crosses $120,000, new all-time high, where will it be by the end of the year

Cryptocurrency: The world's most domineering cryptocurrency, Bitcoin, has once again waved its flag. On Monday, the price of Bitcoin crossed $120,000, which is its all-time high. According to a CNBC report, data from Coin Metrics shows that at 1:27 pm Singapore time, the price of Bitcoin reached $122,600. The main reason for this boom is the unprecedented growth of investment in cryptocurrency exchange-traded funds (ETFs). On Thursday, the Bitcoin ETF recorded its largest single-day investment of $1.18 billion in 2025, which further fueled this boom.

Institutional investors' trust: Bitcoin's long rally

Jeff Mei, chief operating officer of cryptocurrency exchange BTSE, said in a statement, "We believe that this boom in Bitcoin is due to long-term institutional buyers. We expect it to reach $125,000 in the next one to two months." However, he also warned that short-term downside risks remain due to US President Donald Trump's trade disputes with the European Union, Mexico and other trading partners. Nevertheless, institutional investors are discounting this risk and believe that Bitcoin has a bright long-term future.

New crypto laws and corporate investment

Investors are increasingly excited about Bitcoin. Corporate treasuries are accelerating their Bitcoin purchases, and the US Congress is moving quickly towards passing new crypto laws. According to a CNBC report, the US House of Representatives is set to begin deliberating on several crypto bills on Monday. These bills aim to provide a clear regulatory framework for the digital asset industry, which the industry has long been demanding. This policy also has the support of US President Donald Trump, who has established himself as a crypto supporter and has been involved in several crypto ventures.

$140,000-$160,000 expected, but risks remain

10x Research CEO Marcus Thielen says the US may soon announce a sovereign wealth fund that will invest in digital currency. This could be an important factor for the market. He pointed out that corporate and institutional investors have bought $15 billion in bitcoin ETFs in the past six to eight weeks. In contrast, retail investors have mostly stayed on the sidelines during this boom. Thielen estimates that bitcoin could reach $140,000 to $160,000 by the end of the year.

However, this boom also poses some risks. In particular, the US Federal Reserve's aggressive monetary policy and a possible increase in interest rates due to tariffs could hinder bitcoin. Still, investor confidence and institutional support are driving bitcoin to new peaks.