Bitcoin has surged past the $120,000 mark in August 2025, signaling a significant rebound in market momentum. This price breakthrough coincides with increased investor optimism and inflows, driving positive sentiment across various cryptocurrency assets. Major exchanges like Binance and Coinbase are reporting this milestone, while on-chain analysts are closely monitoring the movement, reflecting its potential impact on the broader crypto market. Experts, such as Murphy from Binance Square, suggest Bitcoin’s price is now supported by a range between $117,000 and $125,000. The surge has also impacted Ethereum, with increased trading activity and investor interest reported in both markets. Institutional investors are closely observing this price movement, potentially leading to shifts in capital allocation and trading strategies.