The price of Bitcoin today: soared to $122,000, approaching its all-time high.

Bitcoin rose on Monday, continuing a strong recovery since the end of last week, as cryptocurrency markets welcomed U.S. President Donald Trump's directive allowing pension funds to invest in this sector.

The second largest cryptocurrency in the world, Ethereum, also rose after surpassing the $4,000 level last week, remaining close to the record highs reached during the bull market of 2021.

Broader cryptocurrency prices have also risen and show significant growth since the end of last week, especially after Trump's executive order.

Bitcoin rose by 3.4% to $122,084.1 by 09:00 Moscow time. The largest cryptocurrency in the world is now just a step away from the record high of mid-July, exceeding $123,000.

The prices of Bitcoin and cryptocurrencies are rising due to positive regulation in the USA.
Bitcoin showed significant growth in the second half of last week after Trump signed an order directing regulators to allow savings and pension plans, such as 401(k), access to alternative assets and investments in private equity, including cryptocurrencies.

This step opens up a new source of institutional purchases for cryptocurrencies and occurs against the backdrop of growing institutional interest in cryptocurrencies.

The leading Bitcoin exchange-traded funds in the U.S. recorded three days of strong capital inflow following Trump's directive, coinciding with a sharp rise in Bitcoin prices. However, much of the recent cryptocurrency growth occurred during a period of low liquidity on the weekends, raising some questions about the sustainability of current price levels.

Trump's decree last week also followed a series of favorable regulatory measures for cryptocurrencies by his administration in recent months, the most notable of which was the passage of a bill to create a regulatory framework for stablecoins.