Bitcoin Breaks $125,000 Barrier, Reaches New All-Time High
Leading cryptocurrencies rose on Sunday, maintaining investor optimism throughout October's market performance.
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Cryptocurrency markets demonstrated strong positive momentum in October, with major digital assets experiencing significant gains. Bitcoin achieved a new all-time high by surpassing $125,000, while daily trading volume doubled to $76 billion. The overall market capitalization increased to $4.20 trillion, representing a 0.68% rise.
Bitcoin gained 1.09% to reach $123,616, Ethereum advanced 0.69% to $4,508, and other major cryptocurrencies including XRP, Solana, and Dogecoin posted modest gains. Bitcoin's market dominance strengthened to 58.5%, while liquidations totaled $427 million in 24 hours. The Crypto Fear & Greed Index reflected growing bullish sentiment, with Bitcoin's Bull Score reaching 80.
Analysts suggest Ethereum could achieve new highs if it reclaims the $4,650 level.
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