Bitcoin achieved a new milestone on July 14, reaching $120,000 on Coinbase at 2:47 am UTC. The cryptocurrency extended its July rally with a 13% gain for the month.

Bitcoin peaked at $122,600 at 1:27 p.m. Singapore time, leaving investors to wonder if this is the right time to dive in.

Crypto funds recorded $3.7 billion of inflows in the past trading week, with year-to-date inflows and assets under management ...