Bitcoin Soars to New Heights Amid Fed Easing Speculation and Regulatory Wins

In a dramatic leap, Bitcoin has blasted through previous thresholds, reaching a new all-time high as markets grow increasingly confident in upcoming U.S. monetary easing. The crypto asset spiked nearly 0.9% to $124,002.49, building on the momentum that has seen the BTC price climb approximately 32% year-to-date.

This latest crypto news surge stems from mounting bets that the Federal Reserve will soon cut interest rates, providing fresh tailwinds for risk assets like bitcoin, with institutional investors pouring in. Regulatory developments have further bolstered confidence, notably a recent executive order allowing crypto assets in 401(k) retirement accounts—a significant win for mainstream credibility.

IG market analyst Tony Sycamore notes that a technical break above $125,000 could push btc toward $150,000—a milestone increasingly within reach.

The favorable climate extends beyond Bitcoin: Ether (ETH) also scaled new heights, hitting $4,780.04, its highest figure since 2021, as broader sentiment in digital assets climbs.

This surge underscores a broader structural shift in the crypto industry: institutional adoption is on the rise, regulatory barriers are falling, and the btc usd pairing is drawing unprecedented investor attention.

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