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Traders on a decentralized platform are putting real money on Bitcoin’s path this month. According to a new Polymarket poll, 36% of bettors believe Bitcoin will top $125,000 by July 31.

Only 11% think it will clear $130,000, while just 3% and 1% back it reaching $140,000 and $150,000 respectively. As of Tuesday morning, Bitcoin hovered around $118,327, just shy of its all‑time high of $123,000 reached last week.

Polymarket Predictions Stir The Pot

Based on reports from Polymarket, the biggest chunk of wagers focuses on the $125,000 mark. That target sits about 6% above current levels, a gap many find doable given recent price swings.

Much smaller percentages are seeking more. Only 11% are putting their money on the $130,000 target. And beyond that—above $140,000—bets decline sharply, with just 3% and 1% supporting those higher amounts.

Source: Polymarket

The survey highlights cautious optimism: many believe there’s room for improvement, but few are forecasting a dramatic leap above the previous peak.

Price action supports their caution. Bitcoin’s recent climb followed a steady rise since mid‑2023, and it has spent much of July testing resistance near the $120,000 zone.

A push past $125,000 would be a fresh milestone. But if sellers step in, a pullback toward $110,000 is not out of the question.

ETHUSD trading at $3,649 on the 24-hour chart: TradingView

Doubling Down On Bitcoin

On July 21, Trump Media & Technology Group Corp. revealed it now holds more than $2 billion in Bitcoin assets. That haul makes up the bulk of its roughly $3 billion in cash and equivalents.

CEO Devin Nunes said the move secures “financial freedom” for the company and ties into a planned utility token for the Truth Social network.

Big buys like this often send ripples through the market, attracting media attention and nudging prices higher. They can also inspire other firms and funds to consider similar crypto stakes.

I just signed the landmark legislation passed today by House Republicans to strengthen American crypto innovation.

The CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act deliver on President Trump’s vision to make crypto a core pillar of the U.S. economy and ensure… pic.twitter.com/rnJgq3KaV2

— Speaker Mike Johnson (@SpeakerJohnson) July 17, 2025

US Stablecoin Rules Take Center Stage

A week ago, US President Donald Trump signed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act into law.

The bill sets clear rules for dollar‑pegged coins. It requires full backing by cash or Treasuries, regular reserve reports and know‑your‑customer checks.

Trump called the move “massive validation” for crypto users and businesses. House leaders also moved ahead on two other bills: the CLARITY Act and the Anti‑CBDC Act.

Their progress shows growing interest on Capitol Hill in shaping stablecoin policy. Clarity on rules could boost confidence in the broader crypto market, lifting sentiment for Bitcoin and beyond.

Featured image from Meta, chart from TradingView

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Julia Smith

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Julia Smith

About Author

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

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Last updated: 

July 21, 2025

The majority of Polymarket bettors are predicting that Bitcoin will hit at least $125,000 in value this month, a new poll on the decentralized prediction market shows.

Polymarket Bettors Back $125K Bitcoin Threshold

According to the poll, 34% of Polymarket bettors believe that Bitcoin will cross the $125,000 threshold by the end of July.

In contrast, just 11% of the poll’s participating bettors predict that the cryptocurrency will rally above $130,000 this month.

Meanwhile, just 3% and 1% of the decentralized prediction market’s bettors believe that Bitcoin will cross the $140,000 and $150,000 marks, respectively.

Crypto Legislation Comes Into Focus for Policy Proponents

News of the Polymarket users’ predictions comes just one week after Bitcoin reached its all-time high of over $123,000 during a pivotal moment for crypto legislation in the United States.

On Friday, U.S. President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law during an afternoon bill signing at the White House.

“Let me say, the entire crypto community, for years you were mocked and dismissed and counted out,” Trump said. “You were counted out as little as a year and a half ago—but this signing is a massive validation.”

Republican Party officials dubbed the push ‘Crypto Week,’ and the House of Representatives was also able to advance the CLARITY Act and the Anti-CBDC Act despite a failed procedural vote on July 15.

Truth Social Bolsters Bitcoin Treasury Holdings

Truth Social parent organization, Trump Media and Technology Group Corp, announced on July 21 that the company had amassed over $2 billion in purchases in its Bitcoin Treasury, potentially bolstering bullish attitudes toward the cryptocurrency.

“These assets help ensure our Company’s financial freedom, help protect us against discrimination by financial institutions, and will create synergies with the utility token we’re planning to introduce across the Truth Social ecosphere,” Trump Media’s CEO and President Devin Nunes said.

As of Monday afternoon, Bitcoin is hovering around $116,000.

United States President Donald Trump’s World Liberty Financial announced another round of investments this week to further build its crypto portfolio. According to on-chain data, World Liberty Financial withdrew $10 million USDC from its Coinbase account to purchase 200 million WLFI tokens and another $12k to buy 547,990 SEI tokens, with an average price of $0.228.

Both transactions were recorded last February 20th, as reported by Onchain Lens. The crypto firm’s latest transaction coincided with the release of its macro strategy last February 12th.

A multisig wallet created by #Trump‘s World Liberty Finance (@worldlibertyfi) has withdrew $10M $USDC from #Coinbase to buy 200M $WLFI.

They also spent $125k $USDC to buy 547,990 $SEI at an average price of $0.228.

MultiSig Wallet: 0x64bcb62afee4712bb6ecf7673ee3cfe6e2e133e8… pic.twitter.com/w4Luz8NIuR

— Onchain Lens (@OnchainLens) February 20, 2025

Trump Family’s Foray Into Crypto Continues

World Liberty Financial is a crypto and DeFI project supported by the US President and some family members, including Donald Trump Jr., Eric Trump, and Barron Trump. It aims to strengthen the US dollar’s position in the highly competitive DeFi space.

According to company records, Trump and his associates control 60% of the WLF, which assigns them 75% control over the firm’s revenue and access to 22.5 billion tokens. Trump’s family also owns most of the Trump Media & Technology Group, which recently announced its shift to crypto after starting with financial services.

WLF’s Macro Strategy – What We Know So Far

Last February 12th, Trump’s crypto company announced the creation of the Macro Strategy, a strategic token reserve that aims to boost its competitiveness in DeFi. In a Twitter/X post, WLF shared that this new project aims to enhance stability, foster growth, build trust, and promote strategic partnerships with financial institutions.

WLF recently received a boost from Tron’s Justin Sun, who invested at least $75 million in its native token, making him one of the most prominent investors. However, Sun’s entry into the company was criticized due to his alleged links with illegal financial activities. Aside from Sun’s investment, WLF has offered various deals to its investors, making it one of the biggest crypto launches to date.

WLF Continues To Boost Holdings, As Criticisms Start To Trickle In

WLF continues its expansion in the crypto market thanks to Trump’s backing and the entry of Sun. According to a BitMart Research report, as of February 9th, the company has sold $455 million worth of tokens. Trump’s crypto project generated $319 million from selling its 21.3 billion tokens at $0.015 each. And for its second round of sales, the company earned another $136 million.

However, WLF remains at the center of controversy due mainly to its links with the Trump family. According to some critics, Trump’s crypto project is self-serving and only benefits the president’s immediate family members and allies.

Featured image from ClutchPoints, chart from TradingView