Bitcoin Sets New All-Time High at $124,851, Surpassing August Record

In early Asian buying and selling hours on Sunday, Bitcoin surged previous its prior ceiling to register a brand new all-time high of 124,851, eclipsing the earlier file set in August.

The flagship cryptocurrency had endured a risky September, however October (“Uptober”) has introduced a pointy reversal in sentiment — and with it, a notable breakout.

Bitcoin Hits All-Time High

BeInCrypto Markets data confirmed that the biggest cryptocurrency has appreciated by over 9% this month. Earlier at present, it hit a brand new file peak of 124,851 on Binance. At press time, the coin traded at $124,316, up 2.28% over the previous day alone.

The milestone got here after BTC not too long ago flipped the $120,000 degree into assist, opening the trail towards a contemporary ATH. BeInCrypto’s recent analysis additionally indicated that such a transfer was probably for the coin.

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