Bitcoin rocket: all-time high of $120,000 due to political turmoil!
Bitcoin hits an all-time high of $120,000 on July 13, 2025 as political decisions and economic statistics move markets.

Bitcoin rocket: all-time high of $120,000 due to political turmoil!
On July 13, 2025, the Bitcoin price reached an impressive all-time high of almost 120,000 dollars (approx. 95,662 francs). This development is attributed to a variety of factors, including political decisions and macroeconomic trends in the USA. How nau.ch reports, concerns about inflation and Donald Trump's economic policies, particularly the "Big Beautiful Bill," have prompted investors to invest more in Bitcoin.
The decision to increase the debt limit has fueled fears of currency devaluation. This means that more and more investors are using Bitcoin as protection against inflationary tendencies. In addition, positive US labor market data, which strengthens investors' risk appetite, has further fueled the Bitcoin price.
Growing interest in cryptocurrencies
With a market volume of 150 billion dollars (approx. 120 billion francs), crypto ETFs also contributed to this increase. Institutional investors and ETF investors play a crucial role in this development. A short squeeze, in which investors who had bet on falling prices had to liquidate their positions, further accelerated the price rise.
Also relevant is the political debate between Trump and Fed Chairman Jerome Powell, which focuses on interest rate policy. While Trump criticizes Powell for the “artificially high” interest rates, Powell emphasizes that there is no rush to cut rates. These tensions are creating volatility in the market, which could directly impact the price of Bitcoin, according to a report by krypto-magazin.de becomes clear.
Stable price development and outlook
Demand for Bitcoin is also on the rise as supply on exchanges has fallen to a six-year low. 26 US states are pursuing bills to establish Bitcoin reserves, while New Hampshire, Arizona and Texas have already passed legislation. Analysts predict price targets for Bitcoin of $200,000 to $500,000 based on current market conditions.
Overall, the mood in the crypto market remains apparently positive with a Crypto Fear and Greed Index of 66 (greed). The Bitcoin price has increased by 8% in the past week, while the total market capitalization of the crypto market has fallen by 0.8%. The upcoming important economic data could further influence the price development.