Kathrine Frich
More investors are turning to alternative assets like Bitcoin, pushing its price to new heights.
More investors are turning to alternative assets like Bitcoin, pushing its price to new heights.
Bitcoin hits all-time high, breaking $125,000 mark
Bitcoin reached a new record on Sunday, climbing to $125,689.
That figure breaks the previous high of around $124,500 set in August.
The cryptocurrency has surged in value this year, driven in part by global financial uncertainty and political gridlock in the United States.
Political tensions fuel Bitcoin’s rise
Experts point to growing investor anxiety about the U.S. economy.
A budget impasse in Washington has shaken confidence in traditional financial markets.
As a result, more investors are turning to alternative assets like Bitcoin, pushing its price to new heights.
Trump’s crypto-friendly stance adds momentum
U.S. President Donald Trump and his family have publicly supported cryptocurrencies.
Their involvement in various crypto initiatives has helped lift investor confidence, particularly among conservative-leaning communities.
Some market analysts believe this political backing has contributed to Bitcoin’s latest rally.
What is Bitcoin, exactly?
Bitcoin is a type of digital currency that works without a central bank or government.
It was designed to allow people to send money directly to one another, peer to peer, using blockchain technology.
Transactions are verified by a network of computers, not by financial institutions.
Who invented Bitcoin?
Bitcoin was created in 2009 by a person or group using the name Satoshi Nakamoto.
The true identity behind the name remains unknown.
Nakamoto’s goal was to build a currency that worked independently of governments and big banks, especially after the 2008 financial crisis.
How Bitcoin works under the hood
Bitcoin runs on a blockchain, a public, digital ledger that records every transaction.
New Bitcoins are created through a process called “mining,” where computers solve complex problems.
Only 21 million Bitcoins can ever exist, which helps drive scarcity and value.
What about other cryptocurrencies?
While Bitcoin dominates the crypto market, other coins are trying to gain attention.
Some, like Ethereum and Solana, are known for enabling smart contracts and apps.
Others, like TrumpCoin, are more political or meme-based. Many of these coins are far more volatile and less widely adopted than Bitcoin.
Is this a bubble, or something bigger?
Bitcoin’s price has gone through many cycles of boom and bust.
Some critics warn that it’s overvalued and could crash again.
Supporters argue it’s becoming a digital version of gold, a long-term store of value in uncertain times. For now, its future remains a subject of debate.
This article is made and published by Kathrine Frich, which may have used AI in the preparation
