During the early Asian trading hours on Sunday, Bitcoin surpassed its previous high, reaching a new all-time peak of $125,750, surpassing the record set in August.
After a turbulent September, the flagship cryptocurrency experienced a significant shift in sentiment as October (“Uptober”) marked a notable breakout.
Sponsored
Sponsored
Bitcoin Reaches All-Time High
Data from BeInCrypto Markets indicated that the largest cryptocurrency has risen more than 9% this month. Earlier today, it achieved a new record of $125,750 on Coinbase. At the time of writing, the coin was priced at $124,966, reflecting a 2% increase over the previous day.
This milestone followed Bitcoin’s recent conversion of the $120,000 level into support, paving the way for a new all-time high. Recent analysis from BeInCrypto also suggested that such a movement was probable for the cryptocurrency.
