Beginners

Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

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

Source Beincrypto

In early Asian trading hours on Sunday, Bitcoin surged past its prior ceiling to register a new all-time high of 124,851, eclipsing the previous record set in August.

The flagship cryptocurrency had endured a volatile September, but October (“Uptober”) has brought a sharp reversal in sentiment — and with it, a notable breakout.

Bitcoin Hits All-Time High

BeInCrypto Markets data showed that the largest cryptocurrency has appreciated by over 9% this month. Earlier today, it hit a new record peak of 124,851 on Binance. At press time, the coin traded at $124,316, up 2.28% over the past day alone.

BTC Price Performance. Source: TradingView

The milestone came after BTC recently flipped the $120,000 level into support, opening the path toward a fresh ATH. BeInCrypto’s recent analysis also indicated that such a move was likely for the coin.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Bitcoin Must Clear This Critical Cost Basis Level For Continued Upside, Analyst Says In a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to

Author NewsBTC

Apr 23, Wed

In a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to

Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning On Wednesday afternoon, Bitcoin (BTC) surged to a remarkable all-time high (ATH) of $112,022, breaking free from its previous consolidation phase and lower resistance levels. Bitcoin Rally Faces

Author NewsBTC

Jul 10, Thu

On Wednesday afternoon, Bitcoin (BTC) surged to a remarkable all-time high (ATH) of $112,022, breaking free from its previous consolidation phase and lower resistance levels. Bitcoin Rally Faces

Ripple’s $21 Trillion Dream: What Capturing 20% Of SWIFT Volume Means For XRP Ripple Labs, a crypto payments company, continues to set its ambitions and those of XRP higher than ever as it edges closer to disrupting the global financial messaging giant SWIFT. After Ripple CEO

Author NewsBTC

Jul 14, Mon

Ripple Labs, a crypto payments company, continues to set its ambitions and those of XRP higher than ever as it edges closer to disrupting the global financial messaging giant SWIFT. After Ripple CEO

OpenAI Introduces Lowest-Cost ChatGPT Subscription in India with UPI Payment Option On Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).

Author Mitrade

Aug 19, Tue

On Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).

ANZ Raises Gold Price Forecast to $3,800/Oz, Predicts Rally to Continue Through 2026 Gold is expected to continue its upward momentum throughout 2025 and into early 2026, driven by ongoing geopolitical tensions, macroeconomic challenges, and market anticipation of U.S. monetary easing, according to analysts from ANZ in a research note released Wednesday.

Author Mitrade

Sept 10, Wed

Gold is expected to continue its upward momentum throughout 2025 and into early 2026, driven by ongoing geopolitical tensions, macroeconomic challenges, and market anticipation of U.S. monetary easing, according to analysts from ANZ in a research note released Wednesday.

Popular Symbols