Bitcoin (BTC) soared to a record-breaking all-time high of $121,216 on Monday morning, marking a dramatic milestone in the cryptocurrency’s ongoing rally. The flagship digital asset has gained more than $45,000 since hitting a low of $75,000 in early April, reflecting a surge in investor confidence and risk appetite.

At approximately 9:55 a.m. Pakistani Time, Bitcoin was up nearly 3 percent for the day, reaching its historic peak. The bullish momentum comes as several global economies signal their growing acceptance and enthusiasm for the crypto sector, fueling hopes of even greater gains.

Market analysts and commentators are now predicting that Bitcoin could climb even higher, with some projecting a potential jump to $130,000 by the end of the month.

The rally isn’t limited to Bitcoin alone. At the time of reporting, Ethereum (ETH) was up 3.15 percent at $3,051, Solana had risen 3.38 percent to $167, and BNB was trading at $699 per coin, reflecting widespread optimism across the cryptocurrency market.