Bitcoin Zooms Past $121,000 To Finish Historic Week: What's Fueling The Rally?

BitcoinBTC/USDraced past $121,000 overnight Sunday, capping a historic week on a high.What happened:The apex cryptocurrency hit an all-time high of $121,209 around midnight, with trading volume jumping 34% to $61.36 billion in the last 24 hoursBitcoin broke milestones this week, firstsurpassing its previous highof $112,000, and there has been no going back since.Strong institutional demand fueled the rally, with Bitcoin exchange-traded funds raking in about $2.72 billion in net inflows last week,accordingto SoSo Value.Price Action: At the time of writing, Bitcoin eased at $121,008.78, up 2.71% in the last 24 hours, according todata from Benzinga Pro. The coin rose over 10% in the last week, and 28% year-to-date.Photo Courtesy: PV productions on Shutterstock.comRead Next:Bitcoin Price Forecast: How High Can Bitcoin Go? Wall Street’s Brash $180-$250KLoading...Loading...$BTCBitcoin$121356.371.87%Stock Score Locked: Want to See it?Benzinga Rankings give you vital metrics on any stock – anytime.Reveal Full ScoreEdge RankingsMomentum95.45Price TrendShortMediumLongOverview$ETHEthereum$3050.792.59%Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. . .Posted In:CryptocurrencyNewsMarketsMoversTrading Ideas