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Bitcoin reaches record $125K, market euphoria rises
Crypto assets hit record highs this week, led by Bitcoin.
Bitcoin surged past $125,000 on October 5, pushing the total crypto market capitalization to $4.33 trillion. Investor behavior is shifting toward long-term holding, with centralized exchanges seeing six-year lows in crypto balances. While optimism drives this record-breaking momentum, analysts warn of potential near-term profit-taking. Other major cryptocurrencies followed Bitcoin’s lead, highlighting broad market strength. Is this the start of a sustained bull run, or are cautious investors preparing for a short-term correction? The crypto world is buzzing.