Bitcoin reached a historical maximum on Thursday, since the growing expectations of a more flexible monetary policy by the Federal Reserve joined the favorable winds of recently announced financial reforms.
The largest cryptoactive in the world for market capitalization rose to 0.9%, reaching 124,002.49 dollars in early operations in Asia, exceeding its previous peak reached in July. That same day, the second largest cryptoactive, Ether, reached 4,780.04 dollars, the highest level since the late 2021.
Bitcoin’s rebound is being driven by the growing certainty of cuts in Fed rates, the sustained purchase by institutions and Trump administration measures to facilitate investment in cryptoactive, said Tony Sycamore, IG Market Analyst.
“Technically, a sustained breakdown above $ 125,000 could boost BTC to $ 150,000,” he wrote in a note.
Bitcoin has risen almost 32 % so far from 2025, supported by long -awaited regulatory achievements for the sector after the return of President Donald Trump to the White House. Trump has self -denied the “President Crypt” and his family has made several incursions into the sector during the last year.
An executive order of last week opened the door to allow cryptoactive in retirement accounts 401 (K), underlining an increasingly favorable regulatory environment in the United States.
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Bitcoin price in dollars
Cryptocurrencies have achieved multiple regulatory advances in the US for 2025, including the approval of regulations for stablcoins and the initiative of the US Stock Regulator to reform regulations and thus accommodate this kind of assets.
Bitcoin’s boom has also promoted a broader rally in the sector in recent months, ignoring the tremors generated by tariff policies of broad reach of Trump.
According to Coinmarketcap data, the total capitalization of the crypto market has shot more than 4.18 billion dollars, compared to approximately 2.5 billion in November 2024, when Trump won the US presidential elections. UU.
The last impulse for the adoption of cryptocurrencies in the United States came from an executive order issued on Thursday of last week, which would facilitate access to this kind of assets in 401 withdrawal accounts (K).
The Executive Order could also benefit asset managers such as Blackrock and Fidelity, which operate funds quoted in the cryptocurrency ETFs).
The entry of cryptocurrencies into retirement savings also entails risks, since this kind of assets tends to experience much more volatility than actions and bonds, which had traditionally been the basis of these accounts.
With Reuters information
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