Bitcoin Tops $125K, Overtakes Amazon

Bitcoin surged to a new all-time high above $125,000 on Oct. 5, 2025, with peaks reported between roughly $125,500 and $125,689. The rally was driven by safe‑haven flows amid the U.S. government shutdown, massive spot‑ETF inflows and accelerating institutional adoption alongside expectations for lower rates and higher liquidity. Market indicators showed multi‑billion dollar weekly ETF inflows, rapid growth in flagship spot‑ETF products such as BlackRock’s IBIT, record open interest in derivatives, and a sharp decline in Bitcoin held on exchanges as long‑term holders withdrew coins. Analysts cautioned about heightened volatility and routine pullbacks, noting resistance around $124k–$130k even as seasonality (“Uptober”) and ongoing institutional demand support further upside. The surge pushed Bitcoin’s market capitalization past Amazon’s, making it the world’s seventh‑largest asset and underscoring its growing mainstream store‑of‑value status amid persistent macro uncertainty.