{"id":180037,"date":"2025-10-05T08:01:07","date_gmt":"2025-10-05T08:01:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/180037\/"},"modified":"2025-10-05T08:01:07","modified_gmt":"2025-10-05T08:01:07","slug":"bitcoin-soars-past-the-125000-mark-hitting-a-new-all-time-high","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/180037\/","title":{"rendered":"Bitcoin soars past the $125,000 mark, hitting a new all-time high"},"content":{"rendered":"

Bitcoin has reached its latest record all-time high on October 5, crossing the $1,25,000 mark milestone amid investor<\/a> rush during the United States government shutdown, according to a Bloomberg report.<\/p>\n

The world’s largest cryptocurrency<\/a> recorded $1,25,689 apiece on October 5, soaring past its previous record of $1,24,500 in August 2025, it said.<\/p>\n

According to data on Coinmarketcap, Bitcoin<\/a> rose 2.04 per cent in 24 hours, hitting near $125,700. At time of writing, at 1.10 pm on October 5, the token was at $1,24,710, with market cap of $2.48 trillion.<\/p>\n

Interestingly, investors are holding the token, with trade volumes at $57.94 billion \u2014 down 29 per cent from the previous day, Coinmarket showed.<\/p>\n

Why has Bitcoin price jumped today?<\/p>\n

The Bloomberg report added that the upward surge in Bitcoin<\/a> came through support from the stock markets and as investors rush to park money in assets amid uncertainty due to the US government shutdown.<\/p>\n

Geoff Kendrick, global head of digital assets research at Standard Chartered Plc told the publication that the \u201cshutdown matters\u201d even as Bitcoin has seen steady rise through the year as Donald Trump ushered in a \u201ccrypto friendly\u201d administration.<\/p>\n

Further, according to Coinmarketcap, Bitcoin also rose on inflows from exchange-traded funds (ETF<\/a>), which amounted to $3.24 billion in institutional inflows last week. Further, hopes of a US Federal Reserve rate cut have risen in October, taking Bitcoin prices upward.<\/p>\n

Coinmarketcap’s analysis stated that sustained ETF buying absorbs available supply and creates upward pressure. Bitcoin\u2019s market cap<\/a> now rivals silver\u2019s, reinforcing its \u201cdigital gold\u201d narrative.<\/p>\n

The analysis also noted that the surge in price could further fuel FOMO-driven buying toward $1,35,000 levels, but overextension raises correction risks.<\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin has reached its latest record all-time high on October 5, crossing the $1,25,000 mark milestone amid investor…\n","protected":false},"author":2,"featured_media":180038,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[5473,779,84,15313,467,56,54,55,75580],"class_list":["post-180037","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-all-time-high","tag-bitcoin","tag-business","tag-cryptocurrency","tag-markets","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-us-government-shutdown"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/180037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=180037"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/180037\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/180038"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=180037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=180037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=180037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}