Bitcoin has once again broken records, soaring past $125,000 on Sunday to reach an all-time high of $125,689. This surge surpasses its previous peak of $124,500 recorded in August and has fueled renewed excitement across global markets.
The cryptocurrency’s sharp rise comes as investors look for safer assets amid growing fears of a possible U.S. government shutdown. Gains in American equities have also supported Bitcoin’s upward movement, signaling broader investor confidence in risk assets.
Analysts say that U.S. President Donald Trump’s pro-crypto stance has played a key role in this rally. His administration’s openness toward digital assets marks a strong shift from the cautious approach under former President Joe Biden. In July, the U.S. House of Representatives passed three major crypto-related bills, boosting investor optimism even further.
According to Bloomberg News, experts believe Bitcoin’s rise is part of a wider trend in asset inflation, from gold and equities to even collectibles like Pokémon cards. With the U.S. dollar showing weakness, Bitcoin continues to stand out as a powerful store of value, reaffirming its growing influence in global finance.
