By Sheetal Kumari | March 3, 2025

MC Desk | August 14, 2025

Bitcoin Hits Fresh Record Amid Hopes of US Fed Rate Cuts

Bitcoin hit an all-time high of $124,002.49 in early Asia trade on Thursday, surpassing its July peak.

Bitcoin Soars to Fresh Record

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Ether surged to $4,780.04, its highest since late 2021.

Ether Joins the Rally

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Expectations of U.S. Federal Reserve rate cuts added fresh momentum to the crypto market.

Fed Rate Cut Hopes Fuel Gains

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Sustained institutional inflows continue to support Bitcoin’s upward trend.

Institutional Buying on the Rise

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Recent reforms under President Donald Trump aim to ease investment in digital assets.

Trump Administration Boosts Crypto

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A break above $125,000 could send Bitcoin towards $150,000, IG’s Tony Sycamore told Reuters.

Analyst Eyes $150K Target

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2025 has seen stablecoin regulations passed and U.S. rules revamped for crypto assets.

Regulatory Wins Pave the Way

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The sector’s value has jumped from $2.5 trillion in Nov 2024 to over $4 trillion now.

Crypto Market Cap Hits $4.18 Trillion

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Moneycontrol advises users to check with certified experts before taking any investment decisions.

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