Bitcoin News Today: Bitcoin Surges Past $122K on ETF Inflows and Pro-Crypto Policy Boost

Bitcoin climbed above $122,000 on August 11, 2025, nearing its historical peak amid increasing inflows into spot Bitcoin ETFs and favorable regulatory developments [1]. The digital asset has gained momentum as institutional interest intensifies, with $253 million flowing into spot Bitcoin ETFs in the week leading up to August 8 [3]. ETF issuers collectively purchased $773 million worth of Bitcoin over the previous three trading days, indicating a strong institutional appetite for the cryptocurrency [1].

The upward movement has been further supported by a pro-crypto executive order from the U.S. government, which has signaled a shift in regulatory approach and is expected to unlock approximately $9 trillion in potential investment into the crypto market [1]. The move has also allowed pension funds to invest in a broader range of assets, signaling stronger institutional confidence in the space [4]. On the same day, the price of Bitcoin reached $122,150, moving it within striking distance of its all-time high of $123,000 [1].

Market analysts have noted that the recent price increase was preceded by a month of consolidation, and the upward breakout was considered overdue [1]. Despite the rally, the Crypto Fear & Greed Index remains at 70, suggesting that while enthusiasm is high, market sentiment has not yet become overly heated [1]. This score indicates a “Greed” zone, meaning that while optimism is prevalent, it is not at a bubble-like level. Google search interest for Bitcoin has also only modestly increased over the past week, with a score of 48 out of 100 relative to the highest point over the last 12 months [1].

Bitcoin's surge has also had a positive impact on Ethereum (ETH), which has risen nearly threefold from $1,435 on April 9 to $4,315 at the time of reporting [1]. The performance of both BTC and ETH pushed the total crypto market cap to $4.14 trillion on August 11, setting a new all-time high [1]. Ethereum, while experiencing a 10% dip from its 2021 high, remains above $4,300, reflecting ongoing confidence in blockchain and decentralized finance [5].

Financial institutions across the U.S. are accelerating their entry into the crypto space, expanding Bitcoin trading and custody services to meet growing demand from clients [6]. This trend underscores the increasing normalization of digital assets within traditional financial systems. Meanwhile, Bullish, a crypto trading platform, is set to list on the New York Stock Exchange on August 13, holding 24,000 Bitcoin and other crypto assets, reinforcing the institutional embrace of the space [4].

Despite the positive developments, the market remains sensitive to macroeconomic volatility. A recent correction occurred after Bitcoin briefly hit a new all-time high over the weekend of July 30 [9]. Analysts have highlighted that while factors such as global money supply growth, ETF adoption, and strong inflows support an upward trend for Bitcoin in 2025, the broader financial environment remains subject to global policy shifts [7].

The broader economic landscape is also evolving, with South Korea and Vietnam announcing plans for a $150 billion trade boost, focusing on sectors like critical minerals, defense, and advanced technology [8]. Although this initiative is not directly related to the crypto market, it illustrates the broader economic dynamics influencing investor sentiment worldwide.

Henrik Andersson, chief investment officer of Apollo Crypto, noted that the recent Bitcoin move was overdue following a month of consolidation [1]. Analysts have forecasted continued upward potential for Bitcoin, citing strong institutional and retail inflows, but caution that macroeconomic factors could still impact short-term price volatility [7].

Source:

[1] https://www.mitrade.com/insights/news/live-news/article-3-1028061-20250811

[3] https://atranicapital.substack.com/p/week-32-market-update-for-august

[4] https://www.binance.com/en/square/post/28119645502122

[5] https://www.coinbase.com/price/ethereum

[6] https://www.facebook.com/photo.php?fbid=74138****108295&set=a.130****63246274&type=3

[7] https://cointelegraph.com/tags/bitcoin

[8] https://stocktwits.com/news-articles/markets/equity/south-korea-vietnam-plot-150-billion-trade-boost-to-counter-trump-tariff-heat/chrunGwRd4C

[9] https://bravenewcoin.com/insights/svet-markets-weekly-update