The leading Cryptocurrency Bitcoin again proved its dominance on the market – October 5. During the early hours of Asian trade, the price of bitcoin jumped to a new record of all time and exceeded the $ 125,000 limit. This is the first level in history, achieved after a few months of consolidation and fluctuations between 110-120 thousand. dollar.
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A record bitcoin rises and mass liquidation
Coinglass data, after impressive Bitcoin prices The jump was liquidated with almost $ 400 million in short positions, of which about $ 100 million in one hour. Such a market shows a strong purchasing pressure and a prolonged Bululic period. Over the past 24 hours, trading volumes exceeded $ 50 billion, while Bitcoin capitalization short has increased over $ 2.5 trillion, past Amazon and approaching the silver market value.
Analysts say that this UPS was encouraged not only by the technical breakthrough points, but also the favorable macroeconomic conditions – the closure of the US government, lowering interest rates and the increased demand for institutional investors. Bitbull Capital CEO Joe Dipasquale noted that the political uncertainty and the long closure of the government increase interest in fixed units such as Bitcoin as an alternative assembly.
Institutional interest and new bitcoin pre -prospects
An economic giant Default chartered Predicts that the price of bitcoin can reach $ 135,000 in the near future and as much as $ 200,000 at the end of the year. Geoff Kendrick, the head of the bank’s digital assets, says that the market is moving into a new accumulation phase when the large holders reduce sales pressure and long -term investors strengthen their positions.
Analysis Charles Edwards during the Token2049 conference added, That if Bitcoin holds the price over $ 120,000 at psychological level, until the fourth 2025 we can see a price jump up to $ 150,000 for a quarter.
At the same time, Ethereum (ETH) also shows the preparations to follow a similar path, indicating the beginning of a broader Cryptocurrency market.
Cryptocurrency market reaction and mood in investors
The market reaction to the new Bitcoin post was immediately felt throughout the Cryptocurrency system. Larger altcoins like Ethereum (ETH)Soana (Sun) and even Avalanche (Avax), also captured double -digit growth by following the Bitcoin Elevation trend. Traders mention that the last phase of the increase could have been improved by the so -called Uptobic effect – historically, Bitcoin often shows a strong price increase after a quieter September.
At the same time, increased activity is noticed on social networks, especially X: both retail investors and institutions discuss a new phase in the bull cycle. Many analysts emphasize that the current rug is not as speculative as 2021. – This time it is supported for clearer financial reasons, including the tax uncertainty and the real need to preserve the value of capital.
The conclusion
The new Bitcoin post confirms that this Cryptocurrency remains the main focus of investors’ attention even under financial uncertainty. Growing institutional commitment, reduced sales pressure and a growing wave of trust may mean that 2025 will be one of the most memorable bitcoin of the year. So far, the market looks firmly established in over $ 120,000, and enthusiasts are waiting to see if we will see another bitcoin price race in $ 150,000 or even $ 200,000 in the coming months.
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