Bitcoin’s $126,000 Record Didn’t Last—Here’s What Drove the Rally and Reversal
Bitcoin’s surge above $125,000 in October 2025 looked at the time like confirmation that cryptocurrency had entered a new institutional era. U.S. spot Bitcoin exchange-traded funds were attracting billions of dollars, the regulatory environment had become more supportive, the dollar was weakening, and investors were increasingly able to buy Bitcoin through the same financial infrastructure … Read more