Archive · 15 Aug 2025
Bitcoin Hits Record $124,210 on Rate Cut Hopes
Bitcoin, a type of digital money, hit a new all-time high of $124,210.
This increase is due to expectations that the US Federal Reserve will lower interest rates.
Also, the US government, especially under the current administration, is making it easier to invest in crypto.
This is making investors feel more confident.
The second biggest cryptocurrency, Ether, also increased in value.
Experts think Bitcoin could go even higher, possibly to $150,000.
Bitcoin reached a record high of $124,210.
The rise was driven by expectations of lower interest rates.
The second-largest crypto token, Ether, also hit its highest level since late 2021.
Favorable financial reforms and the pro-crypto stance of the US administration boosted investor sentiment.
Analysts predict Bitcoin could reach $150,000 if it breaks above $125,000.
- Who
- Bitcoin investors and traders.
- What
- Bitcoin reached a record high of $124,210.
- When
- Thursday
- Where
- Globally.
- Why
- Driven by expectations of interest rate cuts and favorable financial reforms.
- Bitcoin High
- $124,210
- Bitcoin drop
- $1,23,036.80
- Ether High
- $4,780.04
- US inflation (July YoY)
- 2.7%
- YTD Rise
- 32%
Sources
Bitcoin Hits Record High Above $1,24,000
Bitcoin Smashes Past $124,000 to Hit Record High as Trump Policies and Wall Street Rally Fuel Surge
Bitcoin smashes past $124,500 amid Fed rate-cut hopes, Trump’s crypto push fuel rally
Bitcoin touches record high on hopes of US Fed rate cut
Bitcoin Hits Record High Above $124,000
Fed rate cut, 401K investments: What’s driving the record rally in bitcoin, Ethereum
Bitcoin hits record $124,000; trading volumes surge globally and in India amid bullish macro and policy signals