US Edition
Bitcoin Hits Record High Above US$124,000
Bitcoin surged 32% in 2025 as U.S. regulatory reforms eased crypto access, with institutional investors and major companies increasing holdings, boosting market value past $4 trillion.
- Bitcoin hit a record high above $124,000 on Thursday, surpassing its July all-time peak during early Asia trading.
- This rise followed U.S. President Donald Trump's November 2024 election and his moves to end banking restrictions affecting crypto firms.
- Ether also climbed closer to its 2021 record, rising to $4,791.19 overnight, while both coins fell after hotter-than-expected July inflation data.
- Analysts attributed Bitcoin's surge to regulatory wins, institutional buying, and expectations of Federal Reserve rate cuts, noting the crypto market enjoys highly favourable fundamentals.
- The rally implies growing institutional adoption and regulatory support could further integrate cryptocurrencies into the financial system and sustain market momentum.
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34 Articles
Bitcoin reached a new high on Thursday morning in the first Asian trade, exceeding for the first time the threshold of $124,000, driven by the increase in US stocks, the interest of institutional investors and favourable US legislation.
On Thursday 14 August, the most famous cryptocurrency took advantage of a favourable legislative climate created by Donald Trump. The billionaire facilitated collaboration between banks and "crypto" companies.
·Paris, France
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leprogres.fr+2 Reposted by 2 other sources
For several months, the Bitcoin has shown a marked increase, encouraged in particular by the favourable legislative climate put in place by US President Donald Trump.
The cryptocurrency leader broke his July 14th record of $123,205.
·Montreal, Canada
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Total News Sources34
Leaning Left6Leaning Right3Center4Last UpdatedBias Distribution46% Left
Bias Distribution
- 46% of the sources lean Left
46% Left
L 46%
C 31%
R 23%
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