Bitcoin Soars to $125,000, deVere CEO Forecasts $150,000 Surge
Bitcoin, the leading digital currency, has reached an unprecedented high, surpassing $125,000 for the first time. This remarkable achievement solidifies Bitcoin’s status as the most valuable and closely watched digital asset globally, capturing the attention of investors and enthusiasts alike. The climb, peaking at approximately $125,700 on Coinbase on a recent Sunday morning, further highlights the remarkable growth experienced by the cryptocurrency market this year, presenting opportunities and challenges for African tech enthusiasts and investors who are increasingly interested in digital assets.
Factors Fueling Bitcoin’s Meteoric Rise
Several key drivers have propelled Bitcoin’s recent price surge. The cryptocurrency has significantly outperformed its previous peak, setting a new all-time high after surpassing $124,500, previously reached on August 14, 2025. A weaker U.S. dollar, the increasing adoption of Bitcoin by institutional investors, and shifting political attitudes in Washington have collectively contributed to this upward trajectory. This provides a backdrop of opportunity for local tech developers across the African continent to innovate and explore how to better secure and streamline Bitcoin transactions for both large and small enterprises, leveraging blockchain technology.
Nigel Green, the CEO and founder of the deVere Group, a global financial advisory firm, remains optimistic about Bitcoin’s future prospects. He believes the current momentum is sustainable, projecting a potential rise to $150,000 by the end of the year. Green attributes Bitcoin’s ascent to fundamental market shifts rather than speculative trading trends, suggesting that the long-term outlook for the cryptocurrency is promising.
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