dailyhodl.com
Bitcoin just soared to a new record high, surpassing $125,600 on a Saturday night.
The record high hit at the start of so-called “Uptober,” which is historically one of the strongest months of the year for $BTC.
The move comes amid strong ETF accumulation, with funds posting $3.24 billion in net inflows this week alone, led by BlackRock’s iShares Bitcoin Trust.
That’s the biggest weekly haul of 2025.
US spot Bitcoin ETFs now collectively hold 1,325,878 $BTC, valued at about $166.18 billion.
The Bitcoin pump triggered $173.52 million in short liquidations in the last four hours, according to CoinGlass.
$BTC is up 2.3% in the last 24 hours, 14.5% in the last week, and 102.6% in the last year.
Bitcoin’s market capitalization now stands at $2.46 trillion following the surge.
Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Generated Image: DALLE3