Bitcoin has achieved a remarkable new all-time high on the Bitfinex exchange, reaching a price of $125,710. This surge is attributed to a combination of reduced selling pressure and robust market fundamentals. October, a month that has historically been associated with bullish trends in the cryptocurrency market, has started off on a particularly strong note, contributing to Bitcoin’s impressive performance. The current market conditions suggest a positive outlook, as investors respond favorably to the momentum built in the early days of the month.
