{"id":346765,"date":"2025-08-13T17:21:41","date_gmt":"2025-08-13T22:21:41","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/08\/13\/bitcoin-price-breaks-123000-bullish-momentum-targets-125000\/"},"modified":"2025-08-13T17:21:41","modified_gmt":"2025-08-13T22:21:41","slug":"bitcoin-price-breaks-123000-bullish-momentum-targets-125000","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/08\/13\/bitcoin-price-breaks-123000-bullish-momentum-targets-125000\/","title":{"rendered":"Bitcoin Price Breaks $123,000, Bullish Momentum Targets $125,000"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p class=\"nitro-lazy\">Bitcoin\u2019s price <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-surges-near-all-time-high-btc-poised-to-break-123000\">climbed<\/a> above $123,000 today, according to data from <a href=\"https:\/\/www.bitcoinmagazinepro.com\/bitcoin-price-live\/\" target=\"_blank\" rel=\"noopener\">Bitcoin Magazine Pro<\/a>, putting it just shy of breaking its current all-time high of $123,180 set on July 14, 2025. The move comes amid surging institutional interest, record corporate holdings, and growing national-level profits from BTC adoption.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p>Coinciding with Bitcoin\u2019s rise in price, today marked a major milestone for Michael Saylor\u2019s Bitcoin-heavy firm, Strategy, whose BTC holdings closed at an all-time high valuation of $77.2 billion. Saylor announced on X that this represents a jump of $35.4 billion from the firm\u2019s previous peak of $41.8 billion in 2024. Strategy\u2019s aggressive accumulation strategy has made it one of the largest Bitcoin holders in the world and a key driver in market sentiment.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p>Meanwhile, El Salvador\u2019s Bitcoin gamble continues to pay off. President Nayib Bukele revealed on X that the nation now sits on an unrealized profit of $468,307,816 from its BTC holdings. After investing $300,548,375 into Bitcoin, the country\u2019s total BTC stash is now valued at $768,856,191. The nation\u2019s Bitcoin Office celebrated the milestone, <a href=\"https:\/\/x.com\/bitcoinofficesv\/status\/1955736903740743935\">declaring<\/a>: \u201cEl Salvador\u2019s bitcoin bet is paying off BIG TIME! Our holdings just soared past $770M USD!\u201d<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p>Institutional investment products are also seeing surging activity. U.S. spot Bitcoin ETFs recorded massive trading volumes today, led by BlackRock\u2019s IBIT, which alone traded over $3.7 billion. Fidelity\u2019s FBTC followed as the second-most traded, logging $530 million in volume\u2014substantial, but still well below IBIT\u2019s dominance.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p>Some market watchers say the rally could take a brief pause before its next leg higher. \u201cThere will be more Bitcoin ATHs but I think we will see a pullback because alts are running too hot now,\u201d <a href=\"https:\/\/x.com\/Excellion\/status\/1955738280206721323\">said<\/a> Samson Mow, CEO of Bitcoin technology company Jan3. \u201cOnce the altcoin mania passes, Bitcoin will take off. This is just how it\u2019s always been.\u201d<\/p>\n<p>With <a href=\"https:\/\/bitcoinmagazine.com\/guides\/what-is-bitcoin#:~:text=June%2027%2C%202022,such%20as%20a%20central%20bank.\">Bitcoin<\/a> just a fraction away from setting a fresh record and both institutional and sovereign adoption accelerating, market participants are watching closely for a breakout to the next milestone of $125,000. Whether it happens in hours or days, momentum appears firmly in Bitcoin\u2019s favor\u2014fueled by whale buying, corporate treasuries, and geopolitical endorsements.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-breaks-123000-bullish-momentum-targets-125000\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Bitcoin\u2019s price climbed above $123,000 today, according to data from Bitcoin Magazine Pro, putting it just shy of breaking its current all-time high of<\/p>\n","protected":false},"author":1,"featured_media":346766,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/346765"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=346765"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/346765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/346766"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=346765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=346765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=346765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}