Bitcoin surged to an all-time high on Monday, climbing above $125,000 as strong investor interest and supportive U.S. policies continued to drive the world’s largest cryptocurrency higher.
The digital asset touched $125,835.92 after surpassing the $125,000 mark for the first time on Sunday. It later traded at $125,253.63, up 2.02%, marking its second consecutive day of gains. Bitcoin has now risen more than 33% since the beginning of the year.
Market analysts credit the rally to growing participation from institutional investors, policy shifts under President Donald Trump, and Bitcoin’s deeper integration with the global financial system.
“Bitcoin is the hurdle rate. If you can’t beat it, you have to buy it. And I think the next 12 weeks are going to be very fun for bitcoin holders,” wrote Anthony Pompliano, founder and CEO of Professional Capital Management, in a letter to investors on Monday.
The cryptocurrency’s rise has also coincided with weakness in the U.S. dollar. Trump’s tariffs on major trading partners have stirred uncertainty in global markets, prompting investors to diversify away from dollar-based assets.
The dollar index, which tracks the greenback against key currencies such as the yen and the euro, remained flat at 98.09 but is down nearly 10% this year.
“Bitcoin has surged ever since it briefly broke below $110,000 just over a week ago. The current rally means that Bitcoin has added around 13% since 28th September,” said David Morrison, senior market analyst at fintech and financial services firm Trade Nation, in emailed remarks.
Morrison noted that Bitcoin’s daily MACD (Moving Average Convergence Divergence) indicator has sharply turned upward, signaling growing bullish momentum. However, he cautioned that the cryptocurrency might need to consolidate before attempting another major move higher.
Bitcoin’s record-setting climb underscores renewed optimism in digital assets as investors seek alternatives amid currency fluctuations and shifting global economic dynamics. With institutional adoption accelerating and macroeconomic uncertainty persisting, many traders see further upside potential in the weeks ahead.
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