Bitcoin hits record high above $124,000

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AFP |

Published on: Aug 14, 2025 07:53 am IST

Bitcoin rose above its previous July record, briefly exceeding $124,500 before retreating.

Bitcoin hit a record high on Thursday during early Asian trading, surpassing $124,000, driven by favourable US legislation and a rise in US equities.

A digital screen showing pricing of selling and buying bitcoin at a BitBase cryptocurrency exchange in Barcelona, Spain, on Wednesday, Aug 13(Bloomberg) A digital screen showing pricing of selling and buying bitcoin at a BitBase cryptocurrency exchange in Barcelona, Spain, on Wednesday, Aug 13(Bloomberg)

The cryptocurrency rose above its previous July record, briefly exceeding $124,500 before retreating.

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