Bitcoin soars past the $125,000 mark, hitting a new all-time high

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

The world's largest cryptocurrency recorded $1,25,689 apiece on October 5, soaring past its previous record of $1,24,500 in August 2025, it said.

The report added that the upward surge in Bitcoin came through support from the stock markets and as investors rush t park money in assets amid uncertainty due to the US government shutdown.

Geoff Kendrick, global head of digital assets research at Standard Chartered Plc told the publication that the “shutdown matters” even as Bitcoin has seen steady rise through the year as Donald Trump ushered in a “crypto friendly” administration.

(This is a breaking story, more updates coming…)

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