TLDR

• Bitcoin reached an all-time high of $125,700 on October 5, 2025, surpassing its August record of $124,290
• Spot Bitcoin ETFs attracted $3.2 billion in inflows last week, their second-highest weekly total ever
• The US dollar declined over 12% in 2025, heading toward its worst annual performance in over 50 years
• Crypto analysts forecast Bitcoin could climb to $150,000 as price discovery mode accelerates
• October has historically been positive for Bitcoin, with gains in 10 of the last 12 years

Bitcoin set a new all-time high on Sunday, October 5, 2025, reaching $125,700. This surpassed the previous record of $124,290 from August 14.

The world’s largest cryptocurrency traded at $123,158 at press time. Bitcoin gained 11% during the first five days of October, continuing its strong seasonal trend.

The cryptocurrency also recorded its highest weekly close ever at $123,543. This price action occurred as the US government entered a shutdown on October 1 after Congress failed to reach a funding agreement.

Record ETF Inflows Push Bitcoin Higher

Spot Bitcoin ETFs experienced massive inflows last week. The investment products collected $3.2 billion, marking their second-best performance since launching.

Venture capital investor Will Clemente explained the price surge came from spot ETF activity rather than derivatives markets. Investors are rotating capital from commodities and small-cap stocks into Bitcoin ETFs.

Jeff Mei, chief operating officer at BTSE exchange, said the government shutdown has renewed interest in Bitcoin as a safe haven asset. Monetary pressures are encouraging investors to diversify away from US dollars and Treasury bonds.

Fabian Dori, CIO at Sygnum Bank, noted that political dysfunction has highlighted Bitcoin’s decentralized nature. He said loose liquidity conditions and a service-led business cycle acceleration have drawn attention to digital assets.

Weakening Dollar Benefits Bitcoin

The US Dollar Index fell more than 12% since January 2025. The index tracks the dollar’s value against other major currencies.

This decline puts the dollar on pace for its worst annual performance since 1973. Mei stated the dollar will likely weaken further if interest rates continue dropping.

He explained that capital allocation into alternative currencies and Bitcoin makes logical sense given dollar depreciation. The currency weakness has increased demand for assets outside traditional finance.

Market data suggests Bitcoin’s recent price movement relates to an accumulation phase. Dori said selling pressure from long-term holders appears to be decreasing. Short-term investors show stabilization after a period of losses.

$150,000 Target in Sight

Crypto analyst CrediBULL Crypto stated Bitcoin has started its next major leg toward $150,000. The analyst expects the cryptocurrency to push through current resistance levels quickly.

Any pullbacks to the $108,000 to $118,000 range would create buying opportunities, according to CrediBULL Crypto. Long-term trader Crypto Chase agreed that another upward move appears likely.

James Wynn, a Hyperliquid whale trader, believes price discovery mode has begun. He said Bitcoin could reach another all-time high within hours.

Charles Edwards from Capriole Investments previously predicted breaking $120,000 would trigger a rapid move to $150,000. Crypto analyst Michaël van de Poppe highlighted the strength of moving from $110,000 to $125,000 in just one week.

Bitcoin has strong historical performance in October. The cryptocurrency posted gains in 10 of the past 12 Octobers and 8 of the last 12 fourth quarters.

Stablecoin market capitalization also crossed $300 billion for the first time on Friday, rising 6.5% over the past month. This suggests increased liquidity flowing into crypto markets.