Bitcoin price all-time high: What’s behind crypto’s record-breaking rally in 2025?
The price of bitcoin has hit a new all-time high, reaching above $118,000 (£87,000) for the first time in its history.
The latest rally comes despite global economic and geopolitical uncertainty, leading to speculation that investors are increasingly viewing the world’s most valuable cryptocurrency as a safe-haven asset like gold.
So what caused this shift in attitude, and where will bitcoin’s record-breaking rally go from here?
Why is bitcoin’s price surging?
Market momentum has been building since Donald Trump’s “Liberation Day” announcement on 2 April, when the US…