Bitcoin rockets to all-time high of over $125,000 — rise fueled by increase in U.S. equities and interest in Bitcoin ETFs

Bitcoin surged to an all-time high of over $125,000, driven by increased confidence in U.S. equities and growing interest in Bitcoin exchange-traded funds (ETFs). The cryptocurrency's value has risen by more than 20% since December, when it surpassed $100,000. Analysts attribute the recent spike to investors seeking alternative assets amid the U.S. federal shutdown. Additionally, there is a dwindling supply of Bitcoin available on exchanges, with large transactions and movements of the cryptocurrency into long-term storage contributing to the momentum. Despite a slight price drop, many remain optimistic about Bitcoin's future as it transitions into a mainstream financial asset.