Crypto rally fueled by market momentum, safe haven demand, and shifting U.S. policy landscape
Bitcoin continued its impressive rally on Sunday, breaking past the $125,000 mark for the first time in history. The world’s largest cryptocurrency climbed to a record $125,689, surpassing its previous all-time high of around $124,500, set in August.
This surge marks a continuation of strong upward momentum, driven by a mix of investor caution surrounding a potential U.S. government shutdown and broader financial market trends. Gains in U.S. equities have also contributed to the bullish sentiment in the crypto space, as traders look to diversify into alternative assets like Bitcoin.
Trump’s pro-crypto stance and policy shift boost market confidence
Analysts point to political developments in the U.S. as a key factor behind Bitcoin’s rally. Under former President Donald Trump, who remains a vocal supporter of cryptocurrencies, the U.S. has seen a noticeable shift from regulatory scepticism to legislative action. In July, the U.S. House of Representatives passed three major cryptocurrency bills, signaling a more favorable stance toward the digital asset industry.
Trump and his family’s involvement in various crypto ventures has also attracted attention, reportedly boosting his wealth while helping to reshape public and institutional perception of the crypto sector.
“The rise in Bitcoin mirrors a broader movement of assets appreciating due to concerns about the dollar’s weakening value,” said Joshua Lim, co-head of markets at FalconX. “From equities to gold, and even rare collectibles like Pokémon cards, everything is rising — and Bitcoin is right in the mix.”
Experts believe Bitcoin’s current trajectory could continue if macroeconomic uncertainty persists and U.S. regulatory clarity further improves.
