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Reading: Bitcoin Surges Past $122,000, Ethereum Holds Steady Over $4,200 – Outlook Money
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Bitcoin Surges Past $122,000, Ethereum Holds Steady Over $4,200 – Outlook Money

Last updated: August 11, 2025 2:30 pm
Published: 7 months ago
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Himanshu Maradiya, founder and chairman, CIFDAQ said, “Bitcoin’s surge above $121,000 and Ethereum’s rise to $4,300 point to strong institutional accumulation, further fuelled by US President Donald Trump’s executive order opening the $12.5 trillion 401(k) market to crypto and private equity. More than half of the largest US banks are now progressing from observation to active rollout of digital asset services, with moves into custody, tokenisation, and restricted trading for wealthy clients. Stablecoin projects, tokenised deposits, and integrated crypto trading are gaining traction, signaling a clear shift toward mainstream adoption.”

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