Bitcoin has risen nearly 32% so far in 2025 on the back of long-sought regulatory wins for the sector following President Donald Trump's return to the White House. Trump has called himself the "crypto president" and his family has made a series of forays into the sector over the past year.

STORY: Bitcoin reached a new record on Thursday, surpassing its previous peak from July.Bitcoin, the biggest cryptocurrency, climbed nearly 1% to over $124,000 in early Asia trading.Analysts say a recent rally is driven by expectations of Federal Reserve rate cuts,

Bitcoin (BTC) notched a new all-time high above $124,000, capping a year-to-date climb of roughly 30-33% and nearly doubling from last year’s levels. The breakout is being powered by a potent mix of macro hopes for Federal Reserve rate cuts,