Bitcoin breaks price record as crypto market sees major shift

A sign advertises a Bitcoin ATM at a gas station on 16 July, 2025 near Pasadena, California (Getty Images)
A sign advertises a Bitcoin ATM at a gas station on 16 July, 2025 near Pasadena, California (Getty Images)

Bitcoin has hit a new price record, surging 10 per cent over the last week to reach above $125,000 for the first time in its history.

The latest milestone appears to follow a trend dubbed ‘Uptober’ by figures within the crypto industry, with the market historically performing well in the month of October.

This has brought positive sentiment to the space, building on broader momentum driven by institutional adoption and increasingly favourable regulation.

The world’s leading cryptocurrency is now double the price it was this time last year, with some analysts predicting more gains before the end of 2025.

Crypto News