"Uptober," the wordplay on crypto's historically bullish month of October, is so far living up to its name as bitcoin (BTC) pushed towards new all-time highs and altcoins also caught a bid.

After briefly spiking above $125,000 and retreating on Sunday, BTC followed through on Monday, surging to a fresh record of $126,223 during the U.S. trading session. BTC changed hands around $125,200 recently, up 1.5% over the past 24 hours.

While the dollar's weakness has helped the rally to new highs, the largest crypto now has clinched to new highs in euro terms crossing 106,000 EUR and surpassing its January peak, while breaking its mid-August peak in Swiss franc (99,642 CHF), TradingView data shows.

Bitcoin's strength extended across the crypto market. Ethereum's ether (ETH) advanced 4% to hit $

See Full Page