Bitcoin Explodes Past $121K Reaching New ATH

  • TL;DR Institutional demand for spot Bitcoin ETFs, led by BlackRock's IBIT hitting $84 billion AUM in just 200 trading days, blasted BTC past $121K. With a year-to-date gain of about 30%, Bitcoin has outpaced gold's 27% rise to claim 2025's top-performing asset spot amid US deficit worries and dollar weakness.