Crypto news today is popping! Bitcoin (BTC) has broken its August ATH, and Ethereum (ETH) looks ready for a breakout! Whales are making moves, and the charts are heating up! Here’s the rundown.

After nearly two months of grinding sideways action, with multiple price dips below $110k, has finally snapped out of its consolidation phase with a powerful rally, smashing past its August ATH.

In the early hours of today, October 5, 2025, BTC surged to just under $126k, surpassing and holding above the $ 124,000 ATH it set in August.

A predictable cooldown followed the ATH set in August in its price action as it entered a correction and range-bound trading phase.

September brought in fresh volatility. BTC spiked to $118k after the US Federal Reserve slashed interest rates. But the momentum gave out almost as soon as it picked up pace, and the price fell back below $109k within a week.

BTC finally started recovering in earnest during the last few days of September, leading into the Uptober craze.

From 29 September 2025 to 3 October 2025, BTC added over $10k. However, a decisive breakout remained elusive. All that changed after a quiet Saturday of sideways movement between $121K and $122K.

(Source: CoinGecko)

A decisive breakthrough was achieved in the early hours of today as the BTC soared past its previous record, setting a new ATH of $125.9k.

Its market cap is currently sitting pretty at $2.5Tn. overtaking Amazon and inching closer to Silver’s valuation.

(Source: CoinMarketCap)

Meanwhile, liquidations on CoinGlass have rocketed up to $394 Mn, with shorts bearing the brunt.

(Source: Coinglass)

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Currently, ETH is trading around , sitting just below the resistance level of $4,600. Market hawks are closely watching to see if whales protect lower liquidity zones or drive the price towards a breakout.

The spotlight remains on the $4,000 to $4,200 support band, which liquidity heatmaps have flagged as a critical area.

Momentum indicators like the RSI at 57 suggest a neutral sentiment, with flattened EMA curves reflecting a wait-and-watch scenario.

In the meantime, the $4,600 to $4,700 range is shaping up to be the next major hurdle for ETH to clear. However, if ETH fails to breach this resistance, it risks sliding back towards the $4,200 – $4,000 area, where buyers have consistently stepped in.

(Source: TradingView)

Analyst Ted Pillows observed that ETH’s liquidity is clustered between $4,000 -$4,200 on the lower end and $4,600-$4,700 on the upper, which might soon be disrupted due to whale action.

His headmap highlights resting orders in both zones, hinting that large players are positioning to absorb short-term liquidity before making a decisive move.

In the short term, ETH might dip into the lower zone to trigger stop orders and gather momentum. If bids around $4,300 are absorbed, it would strengthen the case for a bullish continuation towards $4,700.

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Read original story Crypto News Today: BTC Creates $125,559 ATH, ETH Eyes $4,600 Resistance Zone by Arijit Mukherjee at 99bitcoins.com