Why Is One Bitcoin Worth Nearly $120,000?

The current performance of one Bitcoin’s price

At the end of July 2025, the Bitcoin market sentiment warmed up. As of today’s early trading, the price of one Bitcoin stabilized around 119,000 USD, with signs of breaking through 120,000 USD. This price level is the second highest since the halving in 2024.

Although there are short-term fluctuations, the overall trend is upward, especially in the context of the recovery of the U.S. stock market and the decline of the dollar index. Bitcoin’s appeal as a “digital asset safe haven” is increasingly rising.

Three Highlights of the Current Market

1. Signs of policy easing are obvious: The U.S. Treasury Department recently issued a statement encouraging blockchain innovation and further clarifying cryptocurrency tax guidelines; in addition, the SEC’s attitude towards ETFs has also become more rational, enhancing market confidence.

2. Signals of large whales accumulating frequently: On-chain data shows that over 50,000 Bitcoins have been transferred to cold wallets or long-term holding addresses in the past 72 hours, indicating that the main market funds are quietly positioning themselves.

3. Bitcoin network activity has increased: The daily number of on-chain transactions has surpassed 600,000, reflecting an increase in real usage demand, indicating that it is not only a speculative tool but is also moving towards a dual role of “payment + value storage.”

Advice for beginners: Understand the main driving factors

If you are a newcomer to the coin circle, the following dimensions will help you better understand the logic behind “the price of one Bitcoin”:

• News is not everything: many price fluctuations have been anticipated by “insider funds” and cannot rely solely on news to judge the market.
• Long-term is more important than short-term: By taking a longer perspective, many short-term fluctuations are not to be feared, while the long-term upward trend is the true wealth code.
• Choosing an exchange is also important: please prefer top platforms like Gate, Binance, and Coinbase to avoid fund security issues.

Price trend outlook from a long-term perspective

Looking ahead to the second half of 2025 and into 2026, Bitcoin faces the following trends:

• The large-scale promotion of ETFs may trigger “Bitcoin Bull Market 3.0”
• The continuous reduction in supply is driving prices to rise steadily.
• More countries are legislating to accept BTC, such as the UAE and Japan, which have expressed support.

Large financial institutions such as Morgan Stanley and ARK Invest predict that by the end of 2026, the price of one Bitcoin could reach between $180,000 and $250,000.

Conclusion

Currently, the price of one Bitcoin is running around 119,000 USD, which is the result of a resonance of various forces such as macroeconomic easing, enhanced policy support, and active institutional entry. For beginners, understanding trends, controlling the pace, and holding long-term are the core strategies to win Bitcoin wealth.