Bitcoin has surged past $122,000 today, only about 1% off the highest setting ever, according to data from Bitcoin Magazine Pro. The current record of $123,180 set on July 14, 2025 could break at any time, taking into account the volatility of Bitcoin trademarks. New records could arrive earlier than late as systemic adoption continues to increase and BTC demands accelerate.
#bitcoin is only 1% away from the new ATH settings
– Bitcoin Magazine Pro (@bitcoinmagpro) August 13, 2025
In addition to this momentum, whale accumulation has hit unprecedented levels. As of yesterday, the number of addresses holding over 100 BTC reached a new all-time high of 18,996, surpassing the previous peak of 18,544 from February 26, 2017. The BitcoinMagazinePro chart shows a steady increase in these massive retention, driven in part by Corporate Trazers, which actively adds BTC to Balance Shetz. Michael Saylor’s corporate strategy has more than doubled Bitcoin holdings and increased the Total Treasury Department by 60% since Donald Trump’s election victory. The purchase comes in a more friendly regulatory environment under the Trump administration, which rewinded certain Biden-era enforcement measures and introduced pro-crypto policies.
Macroeconomic conditions also add fuel to the bullish fire. U.S. Treasury Secretary Scott Bescent said interest rates were “too constrictive” and should probably be at a low 150-175 basis points. Speaking about Bloomberg’s surveillance, he said, “I think we can start with a 50 basis rate cut in September and then we can go into a series of rate cuts here. It should probably be 150, 175 basis points lower.”
President Trump took that a step further today, calling for the Federal Reserve to cut it by three or four points. This will result in about 1%. “We believe we need to have three or four points lower. So it’s over the trillion dollars we pay. It’s really a paper calculation. You sign the document and save almost a trillion dollars… But despite that, we’ve run through it and have the greatest economy ever,” Trump said.
just:
President Trump said the Fed should cut interest rates by 3 or 4 points
pic.twitter.com/njen6ipi2w
– Bitcoin Magazine (@bitcoinmagazine) August 13, 2025
Meanwhile, Ark Invest CEO Cathie Wood reaffirmed her ultra-vulnerable long-term outlook. Speaking to Coindesk, she said, “I think we can safely say that our bull case is well over $1 million in five years.”
With institutional influx, whale accumulation and potential financial easing converging, Bitcoin may be on the crisis of a historic breakout.
This post Bitcoin price is nearing an all-time high, with BTC ready to beat $123,000, first appearing in Bitcoin magazine and written by NIK.
