Share this article

Bitcoin Hits $25K for First Time Ever, Approaches $26K

The event happened just a week after the leading cryptocurrency broke $24,000.

Updated Sep 14, 2021, 10:48 a.m. Published Dec 26, 2020, 3:40 a.m.
Herds of buffalo in countryside,Thailand, Selective focus

The price of bitcoin topped $25,000 for the first time ever, a mere week after breaking $24,000 for the first time.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

  • The price of the leading cryptocurrency continued its recent torrid pace, breaking $25,000 Friday night for the first time, and setting a new all-time high of $25,914.46 Saturday morning, before falling back to $25,669.62, up 6.18% on the day. Year to date, BTC is up more than 250%.
  • Institutional investors are perceived to be driving this record-setting run. Among them: Anthony Scaramucci’s Skybridge Capital ($25 million in December); MassMutual ($100 million in December); and Guggenheim (up to 10% of its $5 billion macro fund).

UPDATE (Dec. 26, 16:29 UTC): Adds new all-time high.

Read more: Over $20K? Why Is Bitcoin Worth Anything at All?

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Asia Morning Briefing: BTC Steadies Around 90k With Liquidity Drained and a Fed Cut Fully Priced In

Federal Reserve Chair Jerome Powell

QCP notes participation has collapsed while Polymarket sees a shallow easing path, putting the focus on guidance and cross central bank signals.

What to know:

  • Bitcoin remains around $90,000 as thin year-end liquidity leads to volatility and range-bound trading.
  • Traders expect a shallow easing path from the Fed, with more focus on guidance than the anticipated rate cut.
  • Global market movements are influenced by diverging central bank policies and macroeconomic signals.