{"id":18090,"date":"2025-10-07T05:47:59","date_gmt":"2025-10-07T05:47:59","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/10\/07\/bitcoin-hits-new-all-time-high-at-126198-amid-uptober-rally-and-etf-inflows-cryptocurrency-news\/"},"modified":"2025-10-07T05:47:59","modified_gmt":"2025-10-07T05:47:59","slug":"bitcoin-hits-new-all-time-high-at-126198-amid-uptober-rally-and-etf-inflows-cryptocurrency-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/07\/bitcoin-hits-new-all-time-high-at-126198-amid-uptober-rally-and-etf-inflows-cryptocurrency-news\/","title":{"rendered":"Bitcoin Hits New All-Time High At $126,198 Amid \u2018Uptober\u2019 Rally And ETF Inflows | Cryptocurrency News"},"content":{"rendered":"


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Last Updated:<\/span>

Bitcoin hit a record $126,198 before easing to $124,140, driven by ETF inflows, Fed rate cut, and the uptober effect, with strong demand amid US shutdown.<\/h2>\n
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Bitcoin At All-Time High.<\/p>\n<\/figure>\n

Bitcoin Price:<\/strong> Bitcoin continued its rally to hit a fresh all-time high at $126,198 before slumping 1 per cent to $124,140. Bitcoin is +0.79% in the last 24 hours with a circulating supply of 19.93M. The uptober effect, a historical trend, where bitcoin prices appreciate substantially in October, the record inflow in ETFs and Fed rate cut have led to a historical rise in Bitcoin price.<\/p>\n

According to Binance, in the past 30 days, the price of Bitcoin gained 12 per cent around $13,761.<\/p>\n

The ongoing U.S. government shutdown reinforced the broader \u201cdebasement trade”, driving parallel demand for both crypto and gold, CoinSwitch Markets Desk explained to News18. On-chain data points to sustained accumulation, with exchange reserves continuing to decline, it added.<\/p>\n

The appeal of Bitcoin is linked to its limited supply. A total of 21 million bitcoins will exist ever, making it a stable and lucrative investment asset for investors.<\/p>\n

CoinDCX research team said that as Bitcoin bulls gain traction, institutions become activated, with more than 500 BTC transferred from Coinbase to an unknown institutional wallet. Meanwhile, BlackRock\u2019s IBIT nears $100B AUM, topping in profitability despite being among the newest, it added.<\/p>\n

Meanwhile, Ethereum sustains above $4600, BinanceCoin above $1200, and XRP trades close to $3. Solana rises above $232 and is among the top traded tokens. The top gainers for the day include MYX Finance with a jump of over 31.5%, followed by Starknet by over 19.72% and PancakeSwap by over 12%. On the other hand, Pump.fun drops by 5.65%, Hyperliquid by over 3% and Monero by over 2.14%.<\/p>\n

Bitcoin Price Outlook<\/h3>\n

From a technical perspective, Bitcoin is seeing a resistance near $127,000, while support levels are clustered between $120,000 and $122,000. Momentum indicators such as the MACD remain positive, CoinSwitch Market Desk added. A decisive breakout could set the stage for a move toward $130,000 and beyond, whereas failure to clear resistance may prompt a near-term correction.<\/p>\n

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\"Varun<\/figure>\n

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Varun Yadav<\/a><\/p>\n

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Click here<\/a> to add News18 as your preferred news source on Google. Stay updated with all the latest business news, including market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the\u00a0News18 App<\/a> to stay updated.<\/span><\/div>\n
First Published:<\/span><\/p>\n
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October 07, 2025, 10:58 IST<\/p>\n<\/div>\n<\/div>\n

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Last Updated:October 07, 2025, 10:58 IST Bitcoin hit a record $126,198 before easing to $124,140, driven by ETF inflows, Fed rate cut, and the uptober effect, with strong demand amid US shutdown. Bitcoin At All-Time High. Bitcoin Price: Bitcoin continued its rally to hit a fresh all-time high at $126,198 before slumping 1 per cent…<\/p>\n","protected":false},"author":1,"featured_media":5707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-18090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/18090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=18090"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/18090\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/5707"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=18090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=18090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=18090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}