On August 14, 2025, Bitcoin reached a new all-time high of over $124,000. According to CoinDesk, the price reached $124,496 during trading. The market capitalization of the cryptocurrency exceeded $2.46 trillion, allowing it to surpass Alphabet (Google) in value and become the fifth largest asset in the world.
The growth was supported by expectations of a cut in the US Federal Reserve’s interest rate and optimistic sentiment in global stock markets. The policies of President Donald Trump’s administration also played a role, including the permission to include crypto assets in 401(k) pension plans, the expansion of investments in Bitcoin ETFs, and the creation of the Strategic Cryptocurrency Reserve.
Analysts also note an increase in demand from institutional investors – large companies hold more than 3.64 million BTC, which is about 17% of the total supply of the coin. The weakening of the US dollar has further pushed capital towards cryptocurrencies.
Experts predict that under favorable macroeconomic conditions, Bitcoin may test the levels of $135,000-$140,000 in the coming weeks.