Bitcoin price today August 14: Set a new peak, will it reach the 150,000 USD mark?

Quick summary:

Bitcoin reached $124,002, Ether peaked at $4,780, thanks to expectations of Fed rate cuts and support policies from the US.

Bitcoin price has increased by nearly 32% since the beginning of 2025 thanks to favorable regulatory environment and institutional capital inflows.

Cryptocurrency market capitalization surpasses $4.18 trillion, much higher than before the 2024 US election.

The new order paves the way for digital currencies to enter 401(k) accounts, but the risk of price volatility remains.

Bitcoin price breaks new price record

Bitcoin rose 0.9% to $124,002.49 in Asian trading on Thursday morning, surpassing its previous peak set in July. Ethereum also reached $4,780.04, its highest level since late 2021.

Experts say this increase comes from expectations that the Fed will soon cut interest rates, large capital flows from financial institutions, along with new policies from the Trump administration to encourage investment in cryptocurrencies.

Technical analysis shows that if Bitcoin sustains above $125,000, the price could move towards $150,000.

Bitcoin price today August 14: Set a new peak, will it reach the 150,000 USD mark?

Impact from policy and legal environment

Bitcoin has risen nearly 32% since the start of 2025, thanks to major regulatory developments for the cryptocurrency industry following Trump’s return to the White House. As the self-proclaimed “crypto president,” Trump and his family have been deeply involved in the space over the past year.

Last week, an executive order allowing crypto assets to be included in 401(k) retirement accounts showed that the regulatory environment in the US is becoming more favorable.

In 2025, the cryptocurrency industry in the US recorded many major changes such as the issuance of regulations on stablecoins and the US Securities and Exchange Commission adjusting the legal framework to suit this type of asset.

Cryptocurrency market grows strongly

Bitcoin's surge has sparked a boom across the entire cryptocurrency market, despite the impact of the Trump administration's massive tariff policies.

According to CoinMarketCap, the total market capitalization has reached more than 4.18 trillion USD, a sharp increase compared to about 2.5 trillion USD in November 2024, when Mr. Trump was re-elected.

The new order is also expected to benefit large fund managers such as BlackRock and Fidelity, which operate cryptocurrency ETFs. However, experts warn that cryptocurrencies are much more volatile than stocks and bonds, meaning they pose greater risks if included in retirement portfolios.

Source: https://baonghean.vn/gia-bitcoin-hom-nay-14-8-lap-dinh-moi-lieu-co-cham-moc-150-000-usd-10304400.html