<ul data-eligibleForWebStory="false"><li>Bitcoin price hits a new record high of over $122,600 driven by institutional demand surpassing supply.</li><li>BlackRock's IBIT ETF holds over 700,000 Bitcoins and reaches $84 billion in assets under management.</li><li>U.S. dollar's 11% drop enhances Bitcoin's appeal as a hedge against inflation, prompted by geopolitical tensions and pro-crypto policies.</li><li>Market experts predict Bitcoin may reach $135,000 by the end of Q3 and potentially hit $200,000 by year-end due to strong demand and limited supply.</li></ul>

Why Bitcoin is Going Up Today? Key Drivers Behind $122K Surge

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