<ul data-eligibleForWebStory="false">Bitcoin reaches a fresh record high of $120,000, jumping 1.45% intraday as per Bloomberg data.In terms of Indian rupee, Bitcoin is trading at Rs 1.03 crore.Institutional demand, US Bitcoin ETF inflows, and regulatory optimism are fueling the bull run in Bitcoin.BTC seen as a hedge amid weaker dollar, rising US treasury demand, and improving regulatory clarity.