Bitcoin Hits New Highs Amid Market and Regulatory Developments
TL;DR Summary
Bitcoin recently hit a record high above $123,000 but has since declined about 5% as investors lock in profits, with data showing $3.5 billion in gains booked in 24 hours. Despite the pullback, bullish sentiment remains, with options traders betting on further gains and legislative support expected in the US. Bitcoin has gained nearly 29% in 2025 and 44% over the past three months.
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- Zacks Investment Ideas feature highlights: Coinbase Global, Galaxy Digital, BlackRock, IBIT, Robinhood, Interactive Brokers and Alphabet Yahoo Finance
- Why is the price of bitcoin hitting a record high? Experts explain. ABC News - Breaking News, Latest News and Videos
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