Bitcoin Price Drops to $124,000 After Hitting New All-Time High

Oct 6, 2025 - 09:00
Bitcoin Price Drops to $124,000 After Hitting New All-Time High
Bitcoin hovered around $124,000 on Monday after briefly crossing $125,500 over the weekend, taking the crypto market to fresh highs. Ethereum traded above $4,500, supported by strong ETF inflows of $4.5 billion (roughly Rs. 39,906 crore) and rising institutional demand. Analysts noted Bitcoin’s market cap touched $2.5 trillion (roughly Rs. 2,21,70,000 crore), while broader macroeconomic tailwinds and declining exchange supply added to optimism. Altcoins like Solana, XRP, and Dogecoin showed mixed moves.