Crypto surge: Bitcoin hits record high, smashing past $124,000
Thursday, 14 August 2025 () Bitcoin soared to a record high of $124,500 on Thursday, driven by positive US market sentiment and regulatory changes. Analysts attribute the surge to President Trump's policies easing restrictions on crypto firms, encouraging institutional investment. Major players like Trump's media group and Tesla have significantly contributed to the rally.
Banks are officially approved to offer crypto services! Fannie Mae Director Pulte has asked the board to review using cryptocurrencies as collateral (assets) when applying for an FHA mortgage! ETF..