BREAKING: Bitcoin Makes History, Sets New Record – Here Are the Latest Figures and What You Need to Know
Bitcoin (BTC) has made history again. The largest cryptocurrency broke its all-time high price record, reaching $125,819 minutes ago, according to Binance data.
The government shutdown in the US and the uncertainty it created in global markets are cited as the most important reason behind this rise.
Bitcoin is trading at $125,771, up 2.05% in the last 24 hours. Its market capitalization has risen to $2.5 trillion, while its 24-hour trading volume has reached $62.92 billion.
During the rally, the futures market also experienced significant liquidations. A total of $303.84 million worth of positions were liquidated in the last 24 hours. Of this, $120.35 million consisted of long positions and $183.49 million consisted of short positions.
Total liquidations by asset in the last 24 hours were as follows:
- ETH: $73.32 million
- BTC: $59.04 million
- COAI: $21.08 million
- LEFT: $13.59 million
- DOGE: $9.39 million
Analysts argue that Bitcoin's rise is driven by the search for a “safe haven.” Political gridlock and budget uncertainty in the US are reportedly driving investors toward digital assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SCOR partners with Edison Chen to launch "The 888 Continuum"—a phased on-chain campaign where in-game "superpowers" unlock exclusive CLOT sneaker drops, gear, and digital collectibles.
SCOR announced today a major strategic partnership with creative director, cultural icon, and CLOT founder Edison Chen.

Saylor continues Bitcoin purchases despite the storm: His plan becomes clearer

Trending news
MoreBitget Daily Digest (Dec. 16)|Crypto market sees $508 million in long liquidations over 24 hours; Hassett faces opposition from Trump-aligned senior figures in Fed chair contest
SCOR partners with Edison Chen to launch "The 888 Continuum"—a phased on-chain campaign where in-game "superpowers" unlock exclusive CLOT sneaker drops, gear, and digital collectibles.
