Bitcoin Hits Fresh New All-Time High at $123,503
Market analysts point to renewed institutional inflows and positive macro sentiment as key drivers, alongside momentum from the broader crypto market. Ethereum also saw a major move, spiking over 4% in the same period, h...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Market analysts point to renewed institutional inflows and positive macro sentiment as key drivers, alongside momentum from the broader crypto market. Ethereum also saw a major move, spiking over 4% in the same period, hinting at a wave of cross-asset enthusiasm in digital assets.
Bitcoin hit a new all-time high of $123,503 on Wednesday night, source: Bitcoin Liquid Index
With Bitcoin now deep into uncharted territory, traders are watching for signs of whether this breakout can sustain — or if the market is due for a sharp round of profit-taking.
Analysts such as Bitwise are pointing to a Bitcoin price prediction target of $200,000 in 2025.
More to come.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Brave New CoinRelated market context
LIVE – Will CPI Cause a Sell-Off? Asian Stocks and Bitcoin Face Fresh Test as NVIDIA Anxiety Grows
Will CPI cause a sell-off across Asian stocks and Bitcoin? Asian stocks staged a sharp recovery this morning, but another US infla...
Bitcoin slips ahead of CPI as Fed’s Waller talks up half-point hike
Bitcoin's decline amid rate hike talks highlights the broader market's sensitivity to monetary policy shifts, impacting investor s...
Iran War Nears End as Waller Floats 50-Bps Hike and Bitcoin Treasury Odds Jump
President Donald Trump says the Iran War is effectively over, but Bitcoin and financial markets face another potentially turbulent...
Bitcoin faces U.S. CPI test as analysts warn inflation relief may not be enough
Bitcoin trades below $75,000 ahead of the October inflation data. Analysts warning that sustainable recovery depends on improving...
Jupiter expands into token baskets and yield vaults ahead of Solana Breakpoint
Jupiter's expansion into token baskets and yield vaults could enhance user engagement and asset retention, boosting Solana's DeFi...
Bitcoin Price Trades Down Near $73,500 After Hot CPI Print Lifts Fed Hike Bets
Bitcoin Magazine Bitcoin Price Trades Down Near $73,500 After Hot CPI Print Lifts Fed Hike Bets Bitcoin price traded near $73,500...