Bitcoin hit a historic peak on Sunday, breaching the $125,000 mark. The digital asset was trading up nearly 2.7% at $125,245.57 at 05:12 GMT, surpassing its previous all-time high of $124,480, set in mid-August. This latest surge is part of a trend that saw Bitcoin climb for an eighth consecutive session, signaling renewed confidence across the crypto landscape.
Experts are crediting the meteoric rise of Bitcoin to a potent combination of macroeconomic trends and shifting regulatory environments.
The world’s leading cryptocurrency by market capitalisation sees broader investor faith in digital assets as a hedge against global economic instability. The record price marks a significant recovery from previous market corrections, indicating a maturing ecosystem where market dips are increa