The post Bitcoin Hits New All-Time High of $124,000, Becomes 5th Largest Global Asset appeared first on Coinpedia Fintech News
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.