Bitcoin’s price soared to an all-time high of $124,128 on August 14, 2025, driven by institutional investment and the growing demand for ETFs. This unprecedented milestone pushes Bitcoin’s market capitalization past even Google briefly before returning to its usual standing. Analysts point to increasing institutional interest and low exchange balances as key drivers behind this explosive rise in value. Notably, experts such as Arthur Hayes and Arthur Azizov have highlighted these trends, with Hayes suggesting further growth potential if monetary policies shift in favor of Bitcoin. The ripple effect has been seen across the entire cryptocurrency market, with Ethereum nearing its own all-time high. The broader market continues to see robust activity driven by positive sentiment and increased participation. Notably, Bitcoin’s market capitalization briefly surpassed Google’s before reverting back to its usual position. Financial analysts believe this rally echoes past bull runs in 2017 and 2021, where institutional interest and macroeconomic factors fueled price growth. Experts forecast potential price targets between $180,000 and $250,000 by 2026. With continued focus on institutional investment, regulatory policies will play a crucial role in shaping the future trajectory of Bitcoin’s market value.