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Bitcoin Hits New All-Time High Price Above $125,000

Bitcoin has reached a milestone, surging past $125,000 for the first time in its history. This price increase occurred during Asian trading hours and was supported by nearly $50 billion in trading volume within 24 hours. The rapid ascent led to substantial liquidations of short positions, with approximately $100 million wiped out in one hour. This surge has been attributed to favorable macroeconomic conditions and rising institutional interest in Bitcoin, which many analysts believe will continue. Some predict that Bitcoin could reach $135,000 in the near term, with expectations to surpass $200,000 before the end of the year. Despite concerns regarding market exhaustion, the overall sentiment remains bullish as investors seek hard assets amid economic uncertainty.

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Fed mulls 'skinny' payment accounts to open rails for fintech, crypto firms

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Meteora’s TGE: What is fair value for MET?

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