Bitcoin’s market cap hit $2.5 trillion.
}
 function loadTrinityPlayer(targetWrapper, theme,extras=””) {
 cleanupPlayer(targetWrapper); // Always clean first ✅
 targetWrapper.classList.add(‘played’);
 // Create script
 const scriptEl = document.createElement(“script”);
 scriptEl.setAttribute(“fetchpriority”, “high”);
 scriptEl.setAttribute(“charset”, “UTF-8”);
 const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
 scriptURL.searchParams.set(“pageURL”, window.location.href);
scriptEl.src = scriptURL.toString();
 // Insert player
 const placeholder = targetWrapper.querySelector(“.add-before-this”);
 placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
 }
 function getTheme() {
 return document.body.classList.contains(“dark”) ? “dark” : “light”;
 }
 // Initial Load for Desktop
 if (window.innerWidth > 768) {
 const desktopBtn = document.getElementById(“desktopPlayBtn”);
 if (desktopBtn) {
 desktopBtn.addEventListener(“click”, function () {
 const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
 if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
 });
 }
 }
 // Mobile Button Click
 const mobileBtn = document.getElementById(“mobilePlayBtn”);
 if (mobileBtn) {
 mobileBtn.addEventListener(“click”, function () {
 const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
 if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
 });
 }
 function reInitButton(container,html){
 container.innerHTML = ” + html;
 }
 // Theme switcher
 const destroyButton = document.getElementById(“checkbox”);
 if (destroyButton) {
 destroyButton.addEventListener(“click”, () => {
 setTimeout(() => {
 const theme = getTheme();
 if (window.innerWidth > 768) {
 const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
 if(desktopWrapper.classList.contains(‘played’)){
 loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
 }else{
 reInitButton(desktopWrapper,’‘)
 const desktopBtn = document.getElementById(“desktopPlayBtn”);
 if (desktopBtn) {
 desktopBtn.addEventListener(“click”, function () {
 const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
 if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
 });
 }
 }
 } else {
 const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
 if(mobileWrapper.classList.contains(‘played’)){
 loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
 }else{
 const mobileBtn = document.getElementById(“mobilePlayBtn”);
 if (mobileBtn) {
 mobileBtn.addEventListener(“click”, function () {
 const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
 if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
 });
 }
 }
 }
 }, 100);
 });
 }
 })();
After nearly two months of extended consolidation period, in which BTC even dipped below $110K on several occasions, the asset has gone on a tear in the past week and just broke its August all-time high.
The cryptocurrency rocketed to just under $126K on Binance during the early trading hours of Sunday. Recall that bitcoin went on a roll during the summer when it topped $124K in August. What followed was a somewhat expected correction and consolidation.
September was volatile with a peak of $118K after the US Fed reduced the interest rates. However, that was short-lived and BTC dumped below $109K a week later. Its recovery began at the start of the business week and especially since October (referred to as ‘Uptober’ in the crypto community) kicked off.
Bitcoin added more than $10K to its value from Monday until Friday but the actual breakout was yet to transpire. Following a calm Saturday with sideways trading between $121K-$122K, the major cryptocurrency flew past the precious record and set a new one at $125.9K on Binance.
Its market capitalization has shot up to $2.5 trillion, which places it above Amazon and close to silver. The total value of liquidations on CoinGlass is up to $350 million, with shorts responsible for the lion’s share.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
Source: https://cryptopotato.com/bitcoin-price-smashes-records-with-surge-to-126k-new-ath/