Bitcoin hits new all-time high again at $125,800
Bitcoin (BTC) has once again reached a new all-time high, this time touching $125,800 on September 12, 2025. This significant milestone comes amidst growing institutional adoption, government spending concerns, and a bullish outlook from industry experts.
George Kikvadze, executive at Bitfury, reaffirmed his long-term bullish outlook on Bitcoin, predicting that the world's largest cryptocurrency could eventually reach $1 million . Kikvadze, who entered Bitcoin at roughly $20, has consistently advocated for buying the asset across a wide range, from $20 to $120,000, citing its scarcity and long-term value. He predicts Bitcoin could reach $1 million and ultimately $10 million, emphasizing that timing is secondary to holding the asset.
Bitcoin's latest surge is driven by several factors. Growing government spending concerns and rising institutional adoption are cited as catalysts for Bitcoin's surge. Institutional adoption has further boosted BTC's price, with spot ETFs by BlackRock and Fidelity improving mainstream access. Paul Tudor Jones' public endorsement has also been a significant catalyst for institutional interest, helping establish a favorable environment for long-term growth.
The recent all-time high comes after Bitcoin consolidated around $124,000, with analysts suggesting this consolidation could act as a springboard for the next rally. Favorable U.S. economic data and a softer Fed stance may add further fuel to Bitcoin's momentum.
Bitcoin's latest rally also coincides with Ethereum's growing strength and network upgrades, which are driving renewed interest in ETH. Additionally, the launch of MAGAX's Stage 3 presale with a 10% token rewards system has further fueled crypto optimism .
While Bitcoin's price is volatile in the short term, Kikvadze remains confident in Bitcoin as "digital gold," anti-inflationary, and resilient against centralized government spending. He sees Bitcoin's growth as proof of its original thesis: a hedge against fiscal irresponsibility and central bank money printing.
Institutional adoption and macroeconomic trends are expected to continue driving Bitcoin's price higher, with Kikvadze expecting Bitcoin to benefit from potential rate cuts amid an economic slowdown. Despite near-term volatility, the broader outlook for BTC stays firmly bullish.
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