Bitcoin hits record high above $124K
Bitcoin reached $124,457 early Thursday before stabilizing near $121,500, marking a fresh all-time high.
The rally follows a breakout from $116,000 earlier in the week and comes amid growing institutional inflows and increased retail participation.
Ethereum also climbed to $4,700, its highest since late 2021, with the two assets now controlling about 70% of the crypto market.
Bitcoin’s market capitalization briefly surpassed Google’s $2.45 trillion valuation, positioning it as the fifth-largest global asset.
Analysts suggest that consistent 401(k) inflows and treasury allocations from major corporations are adding a steady demand layer.
Citi noted that adoption-driven price action is now backed by tangible policy changes, creating a structural shift in Bitcoin’s growth trajectory.

Trump’s pro-crypto reforms fuel demand
President Trump has accelerated efforts to make digital assets more accessible to US citizens.
Recent changes include SEC regulatory adjustments to support crypto products and legislation for stablecoins.
A new executive order now permits Bitcoin and other cryptocurrencies in 401(k) retirement accounts, unlocking potential demand from the $7.5 trillion US retirement market.
While tariff policies have added pressure to traditional markets, lighter regulations and easier access to crypto are attracting both institutional and retail investors.
MAGACOIN FINANCE rated best altcoin to buy in 2025
As Bitcoin dominates headlines, presale opportunities are drawing attention from strategic portfolio builders.
MAGACOIN FINANCE has been rated by analysts as the best altcoin presale for cycle-defining plays in 2025.
Built on a security-first infrastructure and already exceeding $11.7 million in presale allocations, the project combines meme coin appeal with practical DeFi applications.
Its ongoing presale offers early positioning ahead of expected exchange listings, with forecasts suggesting strong upside potential as adoption scales.
In Sum
Bitcoin’s rally underscores the impact of policy support and macroeconomic shifts on the crypto market.
For investors eyeing diversification, MAGACOIN FINANCE offers an early-stage entry point with strong 2025 potential.
You can learn more about MAGACOIN FINANCE via the official website.
Telegram: https://t.me/magacoinfinance
This article is authored by a third party, and CoinJournal does not endorse or take responsibility for its content, accuracy, quality, advertisements, products, or materials. Readers should independently research and exercise due diligence before making decisions related to the mentioned company.
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