Overview

• Bitcoin briefly reached $125,689, surpassing the previous peak from August, according to the report.
• The move happened during Asian trading hours as the article notes concurrent U.S. budget paralysis and expectations for Israel–Hamas talks.
• The outlet attributes part of the momentum to President Donald Trump's public support for crypto and a March order to create a public digital-asset reserve.
• Since that reported order, bitcoin has risen about 38% over roughly six months, the article says.
• Regulators, including Spain’s CNMV, have issued public warnings highlighting the volatility and risks of cryptocurrency investing.