
Bitcoin soars past $122K despite Trump's tariff threats. How long will the party last?
Date: 2025-07-14 06:11:12 | By Theodore Vance
Bitcoin Soars to $122,205 Amid Global Trade Tensions!
BTC Defies Trump's Tariff Threats
Hold onto your hats, crypto fans! Bitcoin just blasted past its all-time high, hitting a mind-blowing $122,205 in early Asian trading on July 14. And get this—it's shrugging off Donald Trump's latest tariff threats against the EU and Mexico like they're nothing!
Institutional Cash and Corporate Moves Fuel the Fire
This isn't just a flash in the pan, folks. Bitcoin's been on a wild ride all year, with big money pouring in from institutions and a flood of companies adding it to their treasuries. Bitwise's Q2 2025 report shows a whopping 159,107 BTC added by 46 newly listed public companies. That's serious cash moving into crypto!
ETFs and a Weaker Dollar Amp Up the Action
Spot Bitcoin ETFs from giants like BlackRock and Fidelity are pulling in cash left and right. Plus, the U.S. dollar's been sliding, with the Dollar Index dropping over six points below its 200-day moving average. It's like rocket fuel for Bitcoin's rally!
U.S. Policy Boosts Confidence
And it's not just money talking. U.S. policy moves are giving investors a major confidence boost. The Senate passed a stablecoin bill in June, and now they're talking about a Strategic Bitcoin Reserve. Big investors are feeling more secure than ever.
Trade Wars Looming, But Bitcoin Stays Strong
Now, you might think Trump's tariff plans on July 13—slapping 30% on imports from Mexico and the EU—would spook the market. But Bitcoin? It's laughing in the face of those headlines. The EU's threatening countermeasures by early August, and Trump's ranting on Truth Social about needing "balanced and fair" trade, but crypto traders? They're all about the on-chain flows and ETF data.
Watch Out for Inflation Data
But hold up—there's one thing that could throw a wrench in the works. On July 16, the Bureau of Labor Statistics drops the June consumer price index data. If core inflation jumps 0.3% and pushes the annual rate to 2.9%, it could mess with risky assets like Bitcoin and delay those Federal Reserve rate cuts.
Will Bitcoin Keep Its Cool?
Everyone's watching to see if tighter monetary policy will slow down Bitcoin's epic rally. But so far, it's holding strong against all odds. Buckle up, folks—this crypto ride is far from over!

Disclaimer
The information provided on HotFart is for general informational purposes only. All information on the site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the site.
Comments (0)
Please Log In to leave a comment.