Bitcoin soared past 123,500, setting a new all-time high! Resonating with the US stock market highlights the increasing risk appetite.

date
16/08/2025
According to the WiseFinancial APP, on Wednesday, the price of Bitcoin reached a new all-time high, following the rise in US stocks. Global investors are further stepping into the field of risk preference. Wednesday evening Eastern Time, the price of Bitcoin broke through $123,500, exceeding the previous historical peak of $123,200 set on July 14. Not long ago, the S&P 500 index closed at a new all-time high for the second consecutive trading day, continuing the summer rally, with the benchmark index repeatedly refreshing records.