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Bitcoin hits new all-time high, fueled by investor optimism
Bitcoin just broke past $124,000—a new all-time high—fueled by investor optimism.
Ether also jumped to nearly $4,780, its best since 2021.
The rally is getting a boost from hopes of Federal Reserve rate cuts and big moves in US crypto regulations.
Bitcoin has climbed about 32% this year
A recent US executive order now lets cryptocurrencies into 401(k) retirement plans, opening the door for more long-term and institutional investors.
Since January 2025, Bitcoin has climbed about 32%. The whole crypto market has exploded too—doubling from around $2.5 trillion after the 2024 election to over $4 trillion today, thanks to clearer policies and growing mainstream acceptance under the Trump administration.