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The majority of bettors on Polymarket are forecasting that Bitcoin will reach at least $125,000 in value this month, according to a recent survey conducted on the decentralized prediction market.
Polymarket Bettors Support $125K Bitcoin Benchmark
The survey indicates that 34% of Polymarket participants anticipate that Bitcoin will surpass the $125,000 mark by the end of July.
In contrast, only 11% of those surveyed expect the cryptocurrency to exceed $130,000 this month.
Additionally, merely 3% and 1% of the bettors on the decentralized prediction market believe that Bitcoin will breach the $140,000 and $150,000 thresholds, respectively.
Crypto Legislation Gains Attention from Policy Advocates
The predictions from Polymarket users emerge just one week after Bitcoin achieved its all-time high of over $123,000 during a critical period for cryptocurrency legislation in the United States.
On Friday, U.S. President Donald Trump enacted the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act during an afternoon bill signing at the White House.
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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
“Let me say, the entire crypto community, for years you were mocked and dismissed and counted out,” Trump stated. “You were counted out as recently as a year and a half ago—but this signing is a significant validation.”
Republican Party officials labeled the initiative ‘Crypto Week,’ and the House of Representatives also managed to advance the CLARITY Act and the Anti-CBDC Act despite a failed procedural vote on July 15.
Truth Social Enhances Bitcoin Treasury Holdings
Truth Social’s parent company, Trump Media and Technology Group Corp, revealed on July 21 that it had accumulated over $2 billion in Bitcoin Treasury purchases, potentially enhancing optimistic sentiments towards the cryptocurrency.
“These assets help ensure our Company’s financial independence, 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,” stated Devin Nunes, CEO and President of Trump Media.
As of Monday afternoon, Bitcoin is trading around $116,000.
The post Bitcoin To Pass 125k This Month, Polymarket Bettors Predict appeared first on Cryptonews.
