Bitcoin is getting closer to breaking a major price milestone of $125,000, according to Nigel Green, the CEO of deVere Group, one of the world’s top independent financial advisory firms.
The cryptocurrency climbed past $122,000 on Monday, continuing a strong upward trend that has seen it double in value in the last one year. Green said the price surge is being driven by three powerful forces: political support from former US President Donald Trump, positive regulatory moves in Washington, and strong demand from big investors on Wall Street.
Nigel Green explained that the signs are clear: Bitcoin’s price is likely to hit $125,000 “in the coming days.” He said, “This is a powerful combination we haven’t seen at this scale before. Bitcoin is no longer on the sidelines of finance. It’s now a major part of global financial policy discussions.”
A major factor in this renewed momentum is Donald Trump’s open support for cryptocurrency. Trump recently described himself as the “crypto president,” signaling deep political interest in digital assets. At the same time, several pro-crypto bills are set to be discussed in the US House of Representatives this week. One of the most important is the Genius Act, which proposes a national legal framework for stablecoins—a kind of digital currency tied to the value of fiat money.
“This shows that the United States is no longer ignoring crypto,” said Green. “Washington is acting. Wall Street is investing. The entire ecosystem is shifting.”
Wall Street’s involvement has become more obvious with growing inflows into Bitcoin ETFs (Exchange Traded Funds), especially those offered by BlackRock and Fidelity, two of the world’s biggest asset managers. These ETFs allow more institutional and retail investors to gain exposure to Bitcoin without having to directly hold the cryptocurrency.
“Wall Street has crossed the Rubicon,” Green said. “The money is flowing in, the infrastructure is ready, and there is political backing. That’s why the market is reacting so strongly.”
deVere Group had earlier predicted that Bitcoin would reach $150,000 during this bull cycle. With the current trend, Green said they are standing by that forecast. He believes that after reaching $125K and $140K, a brief correction might happen before the market pushes higher.
“Investments like this never move in straight lines. They move in waves—rising fast, pulling back a little, then breaking new records again. We are now in one of those breakout phases,” he added.
Bitcoin’s growth is also affecting related companies. Stocks of US-listed crypto mining firms and ETF-linked companies are recording significant gains. The total market value of Bitcoin is now over $2.3 trillion, making up a large portion of the $3.8 trillion global digital asset market.
Green stressed that this isn’t just about hype or market excitement. The rally, according to him, is being driven by fundamental changes in how governments, companies, and investors view digital assets. Countries are considering formal policies, big investors are committing large sums, and regulators are opening the door for broader use.
“Once the United States finalizes a national crypto policy, we expect other major countries to follow quickly. That’s how real global change begins,” Green said.
He concluded by saying that reaching $125,000 will be more than just a number. “It will prove that Bitcoin is back—and it’s here to stay. If the current momentum continues, we could see the cryptocurrency break every barrier placed in front of it.”