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Bitcoin Hits New All-Time High of $124,000, Becomes 5th Largest Global Asset

Published by
Sohrab Khawas

Bitcoin surged past $124,000 on August 14, 2025, setting a fresh all-time high. This milestone pushed Bitcoin ahead of Google, making it the fifth-largest asset by market capitalization worldwide. The rally was driven by strong institutional interest, ETF inflows, and expectations of a U.S. interest rate cut. Bitcoin’s surge also lifted the entire crypto market, which is now close to a $4.2 trillion valuation, with major altcoins like Ethereum showing solid gains. This marks another key step in Bitcoin’s mainstream financial acceptance.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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