Bitcoin’s price blasted through its all-time high, trading as high as $125,653 on Sunday, October 5, 2025 reuters.com. This new peak marks a significant milestone for the world’s largest cryptocurrency. The previous record was set in mid-August, when markets rallied on hopes of friendlier U.S. crypto regulations and strong institutional buying reuters.com. This time, Bitcoin broke the record in the midst of “Uptober” – a nickname traders use for October’s often bullish price action – and it lived up to the name. By early Sunday in New York, Bitcoin climbed as high as $125,689, according to Bloomberg, before settling back around the mid-$123K level later in the day bloomberg.com. The weekend surge capped an impressive run: Bitcoin rose for eight straight days through Friday, October 3, and was up roughly 11% for the week and over 33% year-to-date in 2025 reuters.com.