Bitcoin Breaks $120,000
- Amirhossein Marashi
- Jul 15
- 2 min read
Bitcoin Hits $120,000 — What Does It Mean?
Bitcoin has now reached $120,000 for the first time ever.
That’s the highest price it has ever been. But why is this happening? And what should we understand from it?
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1. Big Companies Are Buying Bitcoin
In the past, only small investors or tech people used Bitcoin.
But now, huge companies like BlackRock and Fidelity are buying it.
They’re doing it through something called ETFs (Exchange-Traded Funds).
ETFs are like a safe and easy way to invest in Bitcoin — kind of like buying a share of Bitcoin on the stock market, without needing a crypto app.
Because these big companies are putting billions of dollars into Bitcoin, the price is going up fast.
Business Insider – Big companies and Bitcoin ETFs
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2. The US Government Is Making New Crypto Laws
This week is called "Crypto Week" in the United States.
The US Congress (like the government’s law-making group) is working on rules for Bitcoin and other digital money.
Why does this matter?
Because when there are clear rules:
Investors feel safer
There are fewer scams
More people start using Bitcoin
Financial Times – US Congress and crypto rules
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3. People Want to Protect Their Money
Right now in many countries, money is losing value. This is called inflation.
Example: If a juice costs $2 last year, maybe it costs $3 now. Same juice, more money.
That’s why people want something more stable.
Bitcoin is sometimes called “digital gold” — because only 21 million bitcoins can ever exist.
So it’s limited, like rare sneakers or a rare card. That makes people trust it more.
Wall Street Journal – Bitcoin and inflation
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What Could Happen Next?
If more big investors keep buying, and the government makes friendly rules, Bitcoin could go even higher — maybe $135,000 to $150,000.
BUT — we must be careful.
Bitcoin prices can go up and down very quickly (this is called volatility).
So people should:
Learn first
Not rush in
Only invest what they can afford to lose
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Why Is This Important?
This is not just about money.
It’s about:
How people trust new technology like Bitcoin
How governments are reacting to it
How young people should start learning about financial literacy (how money and investing work)
Bitcoin is now more than just internet money. It’s a big part of the real world.
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References:
Bloomberg – Bitcoin passes $120K
Reuters – Bitcoin hits $123,000
Financial Times – Crypto law changes
Business Insider – Institutional demand
Wall Street Journal – Inflation and Bitcoin
Written by:
Amir Marashi
Business Consultant | Founder of Elite Sports & Business Solutions
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