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Bitcoin has soared to an unprecedented $125,689, pushing its market capitalization beyond $2.5 trillion — making it the seventh-most valuable asset globally, surpassing Amazon.
The historic rally is powered by massive ETF inflows, a crypto-friendly U.S. regulatory environment, and rising investor demand amid government shutdown fears. Trading volume exploded past $65 billion, highlighting renewed enthusiasm from institutional and retail investors alike.
Ethereum also joined the surge, climbing above $4,600, while the overall cryptocurrency market cap hit $4.26 trillion. The sharp upward movement triggered the liquidation of more than $80 million in short positions, adding momentum to the breakout.
“Bitcoin is increasingly viewed as a digital hedge against political and fiscal uncertainty,” noted crypto strategist David Lin. “The current rally underscores growing confidence in digital assets as a core part of global finance.”
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