Bitcoin sets new record at $125,000

Bitcoin sets new record at $125,000
Bitcoin logo. Credit: AFP / Belga

Bitcoin surpassed the $125,000 mark during Asian trading on Sunday, driven by investor speculation amidst a weaker dollar and the US government shutdown.

The previous record for the cryptocurrency was set in August, when its value reached $124,514. The new high now stands at $125,689 (~107,049 €). 

Since the start of the year, Bitcoin has surged more than 30% in value. Analysts attribute this rise partly to the pro-cryptocurrency policies of the Trump administration.

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