Bitcoin's price has experienced a steady increase from late June to mid-July 2025, rising from around $107,200 on June 25 to surpassing $121,000 by July 17. The cryptocurrency crossed the $108,000 mark multiple times in late June and early July, briefly reaching $110,000 on July 6. The upward trend continued with Bitcoin hitting $116,000 on July 10 and $118,000 by July 15. On July 16, Bitcoin reached $120,000, and by July 17, it was trading above $121,000. Market observers noted the price surge and highlighted the increased purchasing power, with one dollar buying approximately 830 satoshis at the peak.