Bitcoin hits new all-time record high

Bitcoin rose to a new record high on Monday, October 6, 2025, as the world’s largest cryptocurrency by market value continued to benefit from strong investor demand.

The rally since the start of the year has been fueled by institutional investors, friendlier policies under United States President Donald Trump, and bitcoin’s increasing connection with global financial systems.

Bitcoin rose as high as $125,835.92 after climbing above $125,000 for the first time on Sunday. It was last up 2.02% at $125,253.63, on course for the second straight session of gains.

It has risen more than 33% this year.

“Bitcoin is the hurdle rate. If you can’t beat it, you have to buy it. And I think the next 12 weeks are going to be very fun for bitcoin holders,” the founder and CEO of Professional Capital Management, Anthony Pompliano, said in a letter to investors on Monday.

Bitcoin hits all-time high $125,000

Bitcoin’s ascent has coincided with the weakness of the U.S. dollar against major peers as Trump’s tariffs on U.S. trade partners and uncertainty about their impact have prompted investors to diversify away from U.S. assets, Reuters reported.

The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was flat at 98.09. It is down nearly 10% this year.

“Bitcoin has surged ever since it briefly broke below $110,000 just over a week ago. The current rally means that Bitcoin has added around 13% since 28th September,” said David Morrison, senior market analyst at FCA-regulated fintech and financial services provider Trade Nation, in emailed comments.

“Its daily MACD (Moving Average Convergence Divergence) has turned up sharply, and while this indicates a rise in upside momentum, it may be that bitcoin will need to consolidate before it has a chance to push up further,” Morrison added.

The Star