Merchants on a decentralized platform are placing actual cash on Bitcoin’s path this month. In line with a brand new Polymarket ballot, 36% of bettors consider Bitcoin will prime $125,000 by July 31.
Solely 11% assume it should clear $130,000, whereas simply 3% and 1% again it reaching $140,000 and $150,000 respectively. As of Tuesday morning, Bitcoin hovered round $118,327, simply shy of its all‑time excessive of $123,000 reached final week.
Polymarket Predictions Stir The Pot
Based mostly on studies from Polymarket, the most important chunk of wagers focuses on the $125,000 mark. That concentrate on sits about 6% above present ranges, a niche many discover doable given current worth swings.
A lot smaller percentages are in search of extra. Solely 11% are placing their cash on the $130,000 goal. And past that—above $140,000—bets decline sharply, with simply 3% and 1% supporting these increased quantities.
Supply: Polymarket
The survey highlights cautious optimism: many consider there’s room for enchancment, however few are forecasting a dramatic leap above the earlier peak.
Worth motion helps their warning. Bitcoin’s current climb adopted a gentle rise since mid‑2023, and it has spent a lot of July testing resistance close to the $120,000 zone.
A push previous $125,000 could be a contemporary milestone. But when sellers step in, a pullback towards $110,000 is just not out of the query.
ETHUSD buying and selling at $3,649 on the 24-hour chart: TradingView
Doubling Down On Bitcoin
On July 21, Trump Media & Know-how Group Corp. revealed it now holds greater than $2 billion in Bitcoin property. That haul makes up the majority of its roughly $3 billion in money and equivalents.
CEO Devin Nunes stated the transfer secures “monetary freedom” for the corporate and ties right into a deliberate utility token for the Fact Social community.
Huge buys like this typically ship ripples via the market, attracting media consideration and nudging costs increased. They’ll additionally encourage different corporations and funds to contemplate comparable crypto stakes.
I simply signed the landmark laws handed at present by Home Republicans to strengthen American crypto innovation.
The CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act ship on President Trump’s imaginative and prescient to make crypto a core pillar of the U.S. financial system and guarantee… pic.twitter.com/rnJgq3KaV2
— Speaker Mike Johnson (@SpeakerJohnson) July 17, 2025
US Stablecoin Guidelines Take Middle Stage
Per week in the past, US President Donald Trump signed the Guiding and Establishing Nationwide Innovation for US Stablecoins (GENIUS) Act into legislation.
The invoice units clear guidelines for greenback‑pegged cash. It requires full backing by money or Treasuries, common reserve studies and know‑your‑buyer checks.
Trump known as the transfer “huge validation” for crypto customers and companies. Home leaders additionally moved forward on two different payments: the CLARITY Act and the Anti‑CBDC Act.
Their progress exhibits rising curiosity on Capitol Hill in shaping stablecoin coverage. Readability on guidelines may enhance confidence within the broader crypto market, lifting sentiment for Bitcoin and past.
Featured picture from Meta, chart from TradingView
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