According to ChainCatcher news, as reported by JinShi, the price of Bitcoin has surpassed $123,600, setting a new historical high since the record of July 14. This indicates that investors are further expanding their allocation to risk assets globally. The steady rise of Bitcoin is attributed to the friendly regulatory environment created by the Trump administration, as well as the continuous increase in holdings by publicly listed companies. Market analysts point out that this correlated trend reflects the optimistic sentiment shared between the speculative sector and mainstream assets, with a loose financial environment driving funds toward highly volatile crypto assets.