Bitcoin price surges past $123,000, boosting Strategy’s holdings to $77.2B and El Salvador’s profit to $468M, while ETFs see massive trading volumes.

Bitcoin price retreated to $118,000 after reaching an all-time high of $124,283 and briefly surpassing Google parent Alphabet's market cap with a $2.46 trillion valuation compared to Alphabet's $2.448 trillion.

Markets reacted quickly to Scott Bessent’s comments, with bitcoin's price dropping almost 4% to below $118,000.

WiseLink led a $10 million funding round for Top Win International, which will rebrand to "AsiaStrategy" following its merger with Sora Ventures.

With Bitcoin price holding above $113,000, Hong Kong-based Ming Shing Group Holdings announced plans to acquire 4,250 BTC for $483 million at an average price of $113,638 per Bitcoin through convertible notes and warrants.

The weekly bitcoin price overview from your glorified price therapist, I’m here to remind you again that market prices move for reasons nobody can point to. Whatever bitcoin's price does means absolutely nothing for the broader reasons why we’re here.

Bitcoin’s price has fallen to $108,890 after a massive whale sell-off of 24,000 BTC. The Fear and Greed Index hovers near fear, while Bitcoin’s hash rate approaches record highs.

Bitcoin treasury companies are taking off in Asia, and now South Korea has also entered the competition with Bitplanet announcing new plans.