US EditionBitcoin 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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44 Articles
The fact that you had to pay more than $124,000 for one bitcoin on Thursday was probably not the last record. According to experts, the upward trend for the digital currency will continue. In the long term, it could lead to a new financial crisis. The previous price record for the coin was only three days old. That's not surprising, says Dennis Post, crypto expert at consultancy EY. "It's mainly due to the enormously positive sentiment around cr…
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.
leprogres.fr
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.
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