Bitcoin has experienced notable price fluctuations between late June and the end of July 2025, reaching new highs near $120,000. Starting from around $107,200 on June 25, the cryptocurrency steadily climbed, surpassing $110,000 by early July and hitting $118,000 by mid-July. On July 16, Bitcoin briefly reached $120,000. Following this peak, the price consolidated around $115,000 to $118,000 towards the end of July. Market analysts have observed steady demand, cooling futures, and bullish indicators suggesting a potential breakout above $120,000. The cryptocurrency's recent surge coincides with the broader context of U.S. policies under President Donald Trump, who has promoted the United States as a favorable environment for cryptocurrencies. Bitcoin's trajectory since Trump's election has been marked by a series of record highs, fueling market anticipation for further gains.