Bitcoin hits $124,500, hitting another all-time high! Ethereum approaches $4,800

👤 kmquy@Steve 📅 2026-10-27 16:18:28

Bitcoin hit $124,500 this morning (14), once again hitting a record high. The current total market value of the cryptocurrency market has reached $4.25 trillion, which has also reached a record high.
(Preliminary summary: Ethereum climbed to $4,640, which is less than 5% "all-time high", and its market value surpassed Netflix and Mastercard)
(Background supplement: Bitcoin broke through $121,400, "liquidating 370 million magnesium"; Tom Lee: It will hit 250,000 by the end of the year)

According to OKX data, at around 08:30 this morning (14), the price of Bitcoin surged above $124,500, another all-time high. It was trading at $123,760 at the time of writing, up 3.5% in the past 24 hours.

At the same time, the total market value of the cryptocurrency market according to Coingecko also exceeded US$4.25 trillion, setting a record high.

Bitcoin soared to $124,500 and hit another all-time high! Ethereum is approaching $4800

Ethereum is approaching $4800

As for the Ethereum part, ETH While Bitcoin hit a new high this morning, it also briefly touched $4,784, which is less than $100 away from the all-time high of $4,871. If Bitcoin can maintain its highs, ETH may soon follow suit and hit a new all-time high.

Bitcoin hits $124,500, hitting another all-time high! Ethereum approaches $4800

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kmquy@Steve

kmquy@Steve

Blockchain and cryptoassets editor, focusing ontechnologyDomain content analysis and insights

Comment (10)

Lily 115days ago
The article mentioned data sovereignty, which is the core.
Flynn 115days ago
Agreed, the future is an era of multi-chain coexistence.
Howard 115days ago
There are still opportunities for innovation in the market.
Rachel 115days ago
Sybil attack costs may be lower in PoS.
Yolanda 115days ago
Agreed, the future is the era of trusted network.
Elsa 116days ago
The potential of DeFi is still not fully unleashed.
Alistair 116days ago
Agree that the implementation of technology is the long-term value.
Chloe 116days ago
Putting assets on the chain is just the beginning, and ecology is the future.
Stanley 137days ago
Well said, the implementation of technology and application is the key.
Walter 145days ago
Agreed, the future is the era of trusted networks.

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