Bitcoin Hits $125K as Exchange Balances Drop to Six-Year Low
Yahoo Finance·2025-10-05 10:13
Bitcoin surged to a new all-time high above $125,700 on Sunday morning, breaking past its previous record of $124,500 set in August, according to data from CoinMarketCap. Key Takeaways: Bitcoin hit a new all-time high above $125,700 as “Uptober” momentum kicked in. Exchange balances fell to multi‑year lows, with over 114,000 BTC leaving platforms in two weeks. Tightening supply and OTC desk chatter point to potential spot shortages if price fails to cool. The milestone comes as centralized exchang ...