On October 26, 2025, Bitcoin prices continued their strong trend, successfully breaking through the $112,000 mark, with an intraday increase of 0.35%, reaching a high of $113,827.02, a new all-time high. This breakthrough further solidified Bitcoin's position as the world's leading cryptocurrency. Its market capitalization has climbed to $2,265.29 billion, with a 24-hour trading volume of $28.18 billion, demonstrating active market activity and growing investor confidence.
Multiple factors contributed to this price surge. First, institutional investors continued to increase their holdings through Bitcoin ETFs, injecting strong liquidity into the market. Second, the "down trade" triggered by the partial US government shutdown drove funds into safe-haven assets such as Bitcoin. Furthermore, seasonal factors (the "Uptober effect") and the Trump administration's Bitcoin-friendly policies also supported the upward trend.
Analysts generally believe that Bitcoin's long-term bullish trend remains unchanged. Technical analysis shows that $120,800 is a key resistance level. If it breaks through, the price could further challenge the target range of $150,000 to $175,000. Although short-term fluctuations are inevitable, the continued inflow of institutional funds and the optimization of market structure still provide a solid foundation for Bitcoin's future trend.
