"Bitcoin broke through the $125,000 mark for the first time on Sunday, extending a powerful rally that analysts say could continue into the end of the year. The world's largest cryptocurrency jumped 3 per cent in Asian trading to reach $125,245, propelled by institutional inflows, a weaker US dollar, and renewed political support for digital assets in Washington. The milestone follows months of sustained momentum for Bitcoin and the wider digital asset market, buoyed by growing exchange-traded fund (ETF) activity and a steady reallocation of capital away from traditional equities and bonds."
"Nigel Green, chief executive of deVere Group, said he expects Bitcoin to reach $150,000 before the end of 2025, describing the rally as "a reflection of structural change" in global markets. "Bitcoin is no longer a speculative corner of the market; it's being treated as a legitimate macro instrument," Green said. "Institutional capital, treasury allocations, and sovereign interest are reshaping the market's depth and maturity." He added that each market correction this year has been followed by stronger support levels, indicating that demand is now driven by "conviction capital rather than short-term bets.""
"The latest surge coincides with renewed weakness in the US dollar, which has slipped to multi-week lows amid uncertainty over fiscal policy and growing debt concerns. Investors have responded by moving into alternative stores of value, including Bitcoin, which many now view as a hedge against both inflation and sovereign risk. "Every time the dollar softens or government data is delayed, the market is reminded of the value of decentralised, borderless assets," Green said. "Bitcoin's appeal strengthens when trust in central authority is questioned - and right now, that trust is under heavy strain.""
Bitcoin surged past $125,000 amid a sustained rally driven by institutional inflows, a softer US dollar, and renewed political support for digital assets. Growing ETF activity and a reallocation of capital away from traditional equities and bonds supported market momentum. Analysts and executives expect further gains, with forecasts of Bitcoin reaching $150,000 before the end of 2025. Institutional, treasury and sovereign interest are said to be increasing market depth and maturity. Market corrections this year have found stronger support levels, suggesting demand is coming from conviction capital rather than short-term speculation. Dollar weakness has pushed investors toward alternative stores of value.
Read at Business Matters
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