{"id":127754,"title":"Bitcoin surges to new all-time peak, topping $125,000","publisher":"Share Talk","author":"sharetalk","published":"2025-10-05T09:42:03+00:00","modified":"2025-10-05T09:42:03+00:00","canonical_url":"https://www.share-talk.com/bitcoin-surges-to-new-all-time-peak-topping-125000/","markdown_url":"https://www.share-talk.com/bitcoin-surges-to-new-all-time-peak-topping-125000.md","json_url":"https://www.share-talk.com/bitcoin-surges-to-new-all-time-peak-topping-125000.json","category":"Blogs","categories":["Blogs","e-commerce","Fintech","Technology","Technology, Media & Telecoms"],"tags":["Binance","Bitcoin","BNB","BTC","cryptocurrency","DOGE","Dogecoin","Elon Musk","ETFs","ETH","Ethereum","Litecoin","LTC","Ripple","SEC","SOL","Solana","TSLA","US Securities and Exchange Commission","USA","XRP"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/01/45528198_gold-bitcoin-coins-on-top-of-one-hundred-dollar-banknotes-btc-exchange-to-usd-united-states-of-america-currency.jpg?fit=1600%2C1067&ssl=1","format":"news","language":"en-GB","content":"Bitcoin reached a new all-time high in Asian trading on Sunday, surpassing its previous record from mid-August at $125,296.58. As of 08:25 GMT, it was trading at about $124,801, cementing its position as the world’s largest and most valuable cryptocurrency.\n\nThe surge has been driven by renewed institutional investment and optimism about more crypto-friendly regulation under U.S. President Donald Trump’s administration.\n\nBitcoin showed strong momentum late last week, briefly topping $121,000 on Thursday and closing Friday up 0.75% at $120,350 — its highest level in seven weeks.\n\nThe token has rebounded nearly 10% over the past week following September’s steep selloff, which wiped out billions in leveraged positions. Traders have also pointed to “Uptober” — the term used to describe October’s historically strong performance for digital assets — as a factor behind the latest rally.\n\nGeoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, said Bitcoin could climb further toward $135,000. Meanwhile, Citigroup has raised its year-end forecast to $133,000, about 12% above current levels, and increased its Ethereum target to $4,500 from $4,375."}