Bitcoin Reaches New Record Above $125,000
Major cryptocurrencies increased on Sunday as investors stayed positive about the market.
This article has been summarized and translated using AI to help you practice reading and comprehension. While we strive for accuracy, some nuances may be lost in translation.
Cryptocurrency markets performed well in October with leading coins gaining value. Bitcoin reached a new all-time high, breaking through $125,000 with trading volume doubling to $76 billion daily. The total market value rose to $4.20 trillion, up 0.68%.
Bitcoin gained 1.09% reaching $123,616, while Ethereum rose 0.69% to $4,508. XRP, Solana, and Dogecoin also showed gains. Bitcoin now controls 58.5% of the market.
The Fear & Greed Index showed strong positive feelings. Analysts believe Ethereum could reach new highs if it passes $4,650. Stock markets also performed well.
Original Article
benzinga.comhttps://www.benzinga.com/crypto/cryptocurrency/25/10/48034649/bitcoin-hits-new-high-after-breaking-125000-barrier-ethereum-dogecoin-xrp-rise-analyst-says