Bitcoin price: Frenzy as crypto smashes all-time record
Bitcoin has surged to an unprecedented high above US $124,000 (A$189,000), marking another big 2025 milestone for the fast-growing digital asset.
The record came in the wake of a massive US policy shift that aims to allow more than 90 million Americans to include Bitcoin and other digital assets in their 401(k) retirement plans.
Analysts say that move could unlock over a trillion dollars in new investment.
The landmark decision is being hailed as a turning point for cryptocurrency’s path into the financial mainstream. Founded in 2009, the digital currency spent years on the fringe before making its initial breakthrough in 2017 when prices surged.
While still heavily criticised by economic purists, its relatively rapid transition from an…
