Bitcoin Price Smashes Records With Surge to $126K New ATH

After nearly two months of extended consolidation period, in which BTC even dipped below $110K on several occasions, the asset has gone on a tear in the past week and just broke its August all-time ￰0￱ cryptocurrency rocketed to just under $126K on Binance during the early trading hours of ￰1￱ that bitcoin went on a roll during the summer when it topped $124K in ￰2￱ followed was a somewhat expected correction and ￰3￱ was volatile with a peak of $118K after the US Fed reduced the interest rates. However, that was short-lived and BTC dumped below $109K a week ￰4￱ recovery began at the start of the business week and especially since October ( referred to as ‘Uptober’ in the crypto community) kicked ￰5￱ added more than $10K to its value from Monday until Friday but the actual breakout was yet to ￰6￱ a calm Saturday with sideways trading between $121K-$122K, the major cryptocurrency flew past the precious record and set a new one at $125.9K on ￰7￱ market capitalization has shot up to $2.5 trillion, which places it above Amazon and close to ￰8￱ total value of liquidations on CoinGlass is up to $350 million, with shorts responsible for the lion’s ￰9￱ 2025 daily chart by TradingView