Bitcoin Reaches New All-Time High: $118,838

Bitcoin has just set a new record, reaching an astounding price of $118,838 on August 24–25, 2025. This surge in value has led to increased investment interest from financial institutions and the demand for Bitcoin exchange-traded funds (ETFs). The impact is evident across various sectors, including DeFi and the broader cryptocurrency market. The historical trend suggests that altcoins like Ethereum and Layer 1 protocols typically see increased activity following major Bitcoin price movements, further cementing Bitcoin’s dominance in the financial landscape.