Bitcoin Hits New All-Time High Above $125,000 Amid Market Optimism
Bitcoin, the world’s largest and most popular cryptocurrency, reached a new all-time high on Sunday. As of 05:12 GMT, the Bitcoin price climbed nearly 2.7%, trading at $125,245.57.
This milestone surpasses the previous record of $124,480, set in mid-August. The rally was fueled by supportive policies from President Donald Trump’s administration and increasing demand from institutional investors seeking exposure to digital assets.
Friday marked Bitcoin’s eighth consecutive day of gains, driven by strong momentum in U.S. stock markets and continued inflows into Bitcoin exchange-traded funds (ETFs). These factors highlight growing investor confidence in both the crypto sector and the broader economy.
Meanwhile, the U.S. dollar weakened on Friday, recording multi-week losses against major currencies. Ongoing uncertainty surrounding a potential U.S. government shutdown and delays in key economic data releases—such as payroll figures—added pressure to the dollar’s outlook and boosted interest in alternative assets like Bitcoin.
