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[LIVE] Crypto News Today: Latest Updates for August 14, 2025 – Bitcoin Smashes $124K to Reach ATH, Surpasses Google in Market Value as Crypto Rally Accelerates

2025-08-14 04:10:22

Main Idea

Bitcoin reached a new all-time high above $124,000, surpassing Google in market value, as the crypto market experiences a significant rally fueled by Fed rate-cut expectations and positive developments in the sector.

Key Points

1. Bitcoin surged 3.6% to $124,457, pushing its market value to $2.457 trillion and overtaking Alphabet as the fifth-largest global asset.

2. Ethereum also rose 3.44% past $4,700, while Layer2 projects like Arbitrum and zkSync saw gains over 16%, and meme tokens TRUMP and Fartcoin climbed more than 7% and 10% respectively.

3. OKB skyrocketed 132.71% after OKX announced a massive token burn.

4. The rally is partly driven by mounting expectations of US Federal Reserve rate cuts and recent financial reforms.

5. Other notable news includes South Korea advancing crypto reforms and Trump appointing a PayPal veteran as 'White House AI and Crypto Czar'.

Description

Crypto market is showing bullish signal today with Bitcoin breaching all time high above $124,000, gaining 3.58% in the past 24 hours and pushing its market value to $2.457 trillion, overtaking Alphabet to become the fifth-largest global asset. Ethereum also surged 3.44% past $4,700, while standout sector gains included Layer2 projects Arbitrum and zkSync rising over 16%, Meme tokens TRUMP and Fartcoin climbing more than 7% and 10%, and OKB skyrocketing 132.71% after OKX announced a massive toke...

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Industry Talk Bitcoin Ethereum Market
📱 Full Version
$OKB
$94.11
-1.22%
$ARB
$0.4843
-6.81%
$TRUMP
$9.163
+0.11%
$BTC
$117667.9
-0.90%
$FARTCOIN
$0.9543
-7.47%
$ETH
$4449.00
-3.69%

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