Bitcoin reaches a record price of $ 124,000 while Ethereum is at $ 50 of fixing a new summit of all time

Bitcoin has reached a new record of all time above $ 124,000 early this morning, exceeding its previous peak in July, while Ethereum approached $ 4,800, a level that we have not seen since 2021.

Both active people exceed or reach key historical thresholds create a momentum, which is supported by macroeconomic expectations, regulatory changes and a positioning of derivatives.

The last wave coincided with an increased probability of a drop in the rate of the federal reserve in September, including more than 80% in the term markets. The drop in interest rates is generally considered favorable to risk assets, and the combination of the softening of monetary policy with a sustained institutional demand was a coherent engine of cryptographic markets in 2025.

The backdrop of the current administration policy, which includes measures to allow 401 retirement plans (K) to hold the crypto and the adoption of the stablecoin engineering law, also contributes to a favorable environment for digital assets.

Options data show that traders targeting $ 126,000 in the short term for Bitcoin, with a certain positioning of $ 128,000 to $ 132,000 if the momentum is valid. This follows a year of approximately 33% for Bitcoin, which has also almost doubled in the last 12 months. The recent price action has enabled Bitcoin to cross multiple resistance levels, including $ 120,923 and $ 123,164, before hitting its new summit.

Ethereum has advanced about 41% since January, going to around $ 4,780 on Thursday. This decision attracts him within the reach of his $ 4,800 summit. Standard Charterd set a goal of $ 7,500 for ETH in the next six months.

Macro-waonditions were a major factor for both assets. Reuters said the dollar was weakening while investors positioned themselves for American rate drops, largely supporting risk assets. For cryptographic markets, these developments are added to a year marked by heavy entrances of funds negotiated on the stock market, the extended participation of traditional finance and increased regulatory clarity in the support of American policy and the winds of macro-ailes have been reflected in increased ad hoc volumes and open interests between the markets and the options.

While market prospects are linked to the rate and scale of the central bank relaxation, the technical levels are closely monitored. For Bitcoin, $ 125,000 is considered an immediate resistance, with another increase in $ 132,000 if the current conditions persist.

For Ethereum, $ 4,800 remains the key level to erase before a potential passage in the uncharted price discovery. The two assets are negotiated for the last time in the areas visited during peaks in the previous market, the data on the chain showing a robust network activity accompanying price movements.

In the past few hours, a minor retrace has placed Bitcoin 1.7% below its highest new assessment, around $ 121,900. Ethereum remains at the correspondence threshold of his own record, at only $ 50, marking a notable moment in the rally during 2025.

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