Bitcoin hit a record high and was up nearly 2.7% at $125,245.57 on Sunday, October 5, 2025.
Bitcoin’s previous record was $124,480 in mid-August, buoyed by friendlier regulations from United States President Donald Trump’s administration and strong demand from institutional investors.
Nigeria’s economy rebounding as CBN reforms stabilise FX, inflation — Cardoso
The world’s largest cryptocurrency by market value had risen on Friday for an eighth straight session, bolstered by recent gains in U.S. equities and inflows into bitcoin exchange-traded funds.
In contrast, the U.S. dollar retreated on Friday, posting multi-week losses against major currencies, as uncertainty surrounding a U.S. government shutdown clouded the outlook and delayed key data releases, such as payrolls, critical for gauging the economy’s direction.
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