Trump has called himself the “crypto president” Bitcoin passes $120,000 milestone Bitcoin hits a record of over $120,000 as U.S. lawmakers prepare to vote on legislation aimed at making America the world’s “crypto capital” BITCOIN’S GROWTH (US$) $40,000 $20,000 $0 2018 2019 2020 2021 2022 2023 2024 2025 Nov 2022: Price falls below $16,000 after crypto exchange FTX collapses Dec 18, 2017: Bitcoin’s first major price surge peaks near $19,500 Oct 21, 2020: PayPal enables Bitcoin transactions Jan 10, 2024: U.S. approves spot Bitcoin exchange-traded funds (ETFs), allowing giant investment firms to sell products based on price of Bitcoin Nov 5 , 2024: Trump wins presidential election Jul 14, 2025: $122,867.02 Bitcoin price has doubled since U.S. election last year Sources: Bloomberg, CoinDesk Picture: Getty Images © GRAPHIC NEWS