Bitcoin Eyes New High This Week on Market Optimism, Potential for Further Gains

Bitcoin’s price surged past $125,559 on Sunday, marking a new all-time high. The cryptocurrency saw a notable 1.78% increase over the last 24 hours. Analysts believe this upward movement is likely to continue and that further gains are possible. The market momentum stems from several factors: a weaker U.S. dollar which has attracted investors seeking alternative assets like gold and Bitcoin, as well as bullish sentiment surrounding cryptocurrency investments following a recent dip.