JUST IN: $122,000 Bitcoin

Friday, Oct 3, 2025 11:50 am ET1min read

JUST IN: $122,000 Bitcoin

Bitcoin (BTC) has seen significant price movements, reaching $121,000 on Thursday, September 12, 2025, and approaching its all-time high of $124,000 set on August 14. This upward trend comes amidst the U.S. government shutdown, which has historically been positive for risk assets, including Bitcoin .

The Chicago Mercantile Exchange (CME) Group has announced plans to offer round-the-clock cryptocurrency futures and options trading starting in early 2026. This move is a response to growing client demand for continuous risk management capabilities in the volatile crypto markets . The CME Group currently handles substantial cryptocurrency trading volume, with a notional open interest volume of approximately $39 billion as of mid-September .

While the 24/7 trading expansion is still in the future, current market conditions are favorable for cryptocurrencies. Bitcoin's recent price movement has been driven by strong inflows into crypto investment vehicles, with nearly $2.4 billion flowing into combined Bitcoin and Ethereum funds this week .

Bitcoin's price movement has also been influenced by gold's recent rally. Gold prices reached a fresh all-time high above $3,900, with analysts suggesting that Bitcoin could catch up to gold's performance, potentially reaching $165,000 by year-end .

The broader economic environment also supports cryptocurrency prices. The Federal Reserve is expected to lower interest rates again at its October meeting, which could provide an additional boost to both equities and cryptocurrencies .

Ripple's Senior Director of Engineering, J. Ayo Akinyele, has unveiled a roadmap for integrating privacy features into the XRP Ledger by 2026. This move aims to position XRP as the first public ledger combining transparency and institutional-grade confidentiality .

The cryptocurrency market is showing strong momentum, with Bitcoin approaching previous highs while major financial institutions plan to expand their crypto offerings. The market is expected to remain volatile, with Bitcoin's price holding strong at over $120,000 despite a $14.7 billion liquidation risk .

JUST IN: $122,000 Bitcoin

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