Bitcoin soars past $122,000

Ferdinando Ametrano, CEO of CheckSig, Comments on Bitcoin’s New All-Time High

Milan, July 14, 2025 - Bitcoin has surpassed $122,000, setting a new all-time high. According to Ferdinando Ametrano, CEO of CheckSig, this achievement reflects a maturing market rather than mere speculative dynamics.

What drove Bitcoin’s new record?

“These new records, which may be updated again soon, are not the result of short-lived euphoria but of structural forces confirming a growing demand. In particular, the impressive and continuous inflows into Bitcoin ETFs show that U.S. investors were simply waiting for a trustworthy intermediary to enter the market. This is further supported by a regulatory environment that, at least in terms of intentions, appears increasingly favorable”.

How high could Bitcoin go?

“If Bitcoin continues to establish itself as a store of value - as highlighted, for instance, by the Czech National Bank’s consideration of holding reserves in Bitcoin - we could easily see it reach $140,000–$150,000 by year-end. That level will likely be surpassed once the European market of traditional financial intermediaries begins offering crypto investment services, something that is bound to happen in the next 12 to 28 months. Of course, it’s important to always remember that this is a volatile asset: investing in it requires awareness, discipline, and a long-term perspective”.

What impact could this week’s ‘Crypto Week’ in the U.S. have?

“American institutions have already addressed key issues for the ecosystem: the establishment of a strategic Bitcoin reserve and the definition of a clear framework for stablecoins. Balanced and coherent regulation - which seems to be taking shape in Europe - will further strengthen investor confidence. On the other hand, political uncertainty or conflict could trigger new phases of volatility”.

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