Bitcoin Reaches New All-Time High as Institutional Demand Fuels Rally

Bitcoin’s price surged past the $122,000 mark on August 13, 2025, driven by strong institutional investment and regulatory changes. This milestone reflects growing acceptance of Bitcoin among financial institutions. A recent U.S. executive order allowing cryptocurrencies in 401(k) plans has contributed to this momentum. The surge also impacted the broader cryptocurrency market, with Ethereum and other altcoins benefiting from the positive sentiment.