Bitcoin Hits New Highs Daily, but Experts Warn It's a 'Crisis Mode' Rally
Bitcoin,Cryptocurrency,Banking and Finance
From the Left
AllSides Media Bias Rating: Lean Left
Bitcoin’s historic rally continues with no signs of slowing down. The world’s most famous cryptocurrency hit an all-time high overnight from Sunday to Monday, briefly surpassing the symbolic threshold of $123,000 before pulling back slightly. By 6:00 a.m. ET, it was hovering around $122,013, according to data from CoinGecko. This staggering surge marks a more than 30% increase in Bitcoin’s price since January, outpacing even gold and fueling the narrative that Bitcoin is the new “digital gold.” Analysts attribute much of the momentum to growing institutional interest, driven in large...
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
Related Coverage
AllSides Picks
Headline Roundup
Report Finds Traces of Military Insider Trading on Polymarket
August 24th, 2026
Red Blue Translator
Great Depression (The)
Headline Roundup
DOJ Says Chinese Hackers Targeted US Federal Agencies
August 26th, 2026
Bias
Announcing Version 12 of the AllSides Media Bias Chart — See What’s Changed
AllSides
August 25th, 2026