
{"id":102197,"date":"2025-10-05T05:45:38","date_gmt":"2025-10-05T05:45:38","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=102197"},"modified":"2025-10-05T05:45:38","modified_gmt":"2025-10-05T05:45:38","slug":"bitcoin-price-smashes-records-with-surge-to-126k-new-ath","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=102197","title":{"rendered":"Bitcoin Price Smashes Records With Surge to $126K New ATH"},"content":{"rendered":"<p>After nearly two months of extended consolidation period, in which BTC even dipped below $110K on several occasions, the asset has gone on a tear in the past week and just broke its August all-time high.<\/p>\n<p>The cryptocurrency rocketed to just under $126K on Binance during the early trading hours of Sunday.\u00a0Recall that bitcoin went on a roll during the summer when it <a href=\"https:\/\/cryptopotato.com\/bitcoin-tops-124k-in-new-peak-as-crypto-market-cap-hits-ath\/\">topped<\/a> $124K in August. What followed was a somewhat expected correction and consolidation.<\/p>\n<p>September was volatile with a peak of $118K after the US Fed reduced the interest rates. However, that was short-lived and BTC dumped below $109K a week later.\u00a0Its recovery began at the start of the business week and especially since October (<a href=\"https:\/\/cryptopotato.com\/uptober-boost-doge-rockets-11-in-a-week-more-ahead\/\">referred<\/a> to as \u2018Uptober\u2019 in the crypto community) kicked off.<\/p>\n<p>Bitcoin added more than $10K to its value from Monday until Friday but the actual breakout was yet to transpire. Following a calm Saturday with sideways trading between $121K-$122K, the major cryptocurrency flew past the precious record and set a new one at $125.9K on Binance.<\/p>\n<p>Its market capitalization has shot up to $2.5 trillion, which places it above Amazon and close to silver.\u00a0The total value of liquidations on CoinGlass is up to $350 million, with shorts responsible for the lion\u2019s share.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/BTCUSD_2025-10-05_08-43-17.png\"><\/a>BTC\/USD, 2025 daily chart by TradingView<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-smashes-records-with-surge-to-126k-new-ath\/\">Bitcoin Price Smashes Records With Surge to $126K New ATH<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>After nearly two months of extended consolidation period, in which BTC even dipped below $110K on several occasions, the asset has gone on a tear in the past week and just broke its August all-time high. The cryptocurrency rocketed to just under $126K on Binance during the early trading hours of Sunday.\u00a0Recall that bitcoin went [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":102198,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-102197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/102197"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=102197"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/102197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/102198"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=102197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=102197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=102197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}