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Bitcoin extends rally, hits record high above $124,000
Wider acceptance by institutional investors has helped boost the price of bitcoin. Bitcoin topped the $124,000 level for the first time Wednesday, extending a months-long rally. The price of bitcoin (BTCUSD) hit a record high of $124,496 on Wednesday night, according to CoinDesk data. The world's largest cryptocurrency has surged about 33% year to date, and nearly 120% over the past 12 months. At last check, bitcoin had retreated back below the $124,000 level. The Trump administration's looser regulatory stance and the wider adoption by institutional investors, including the approval of crypto ETFs, have been a boon ... (full story)
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From finance.yahoo.com | Aug 13, 2025
Bitcoin surpassed $123,500 on Wednesday, climbing to a fresh record as institutional adoption and expectations of looser monetary policy drove the world's largest token to new heights. The cryptocurrency has gained 31% year-to-date and is up 60% from April’s market lows. chart Inflows into spot exchange-traded funds, along with purchases from public ...
From channelnewsasia.com | Aug 13, 2025
Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the Federal Reserve added to tailwinds from recently announced financial reforms. The world's largest crypto-asset by market capitalisation climbed as much as 0.9 per cent to $124,002.49 in early Asia trading, surpassing its previous peak hit in July. On the ...
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