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Bitcoin surges past $123 000 key mark in key milestone
The Mercury
|July 15, 2025
BITCOIN surged past the key $123 000 (R2.2 million) per coin mark on Monday morning, hitting a new milestone and doubling its value over the past year.
Nigel Green, the CEO of global financial coal advisory giant deVere Group, said Bitcoin is on track to reach $125 000 in the coming days and predicts support from US President Donald Trump, sweeping regulatory moves in Washington, and accelerating institutional demand converge to drive the cryptocurrency’s price to new highs.
“Bitcoin has blasted through $122 000, and all the indicators point to $125 000 in sight this week,” said Green. “It's being powered by deep political backing, new regulatory clarity, and sustained institutional inflows. This is a powerful combination we haven't seen at this scale before.”
Bitcoin’s gains follow a flurry of developments in the US, including President Trump's public positioning as the “crypto president” and a series of bills scheduled for debate in the House of Representatives this week.
Esta historia es de la edición July 15, 2025 de The Mercury.
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