AsianFin -- Bitcoin surged past a new milestone, hitting $120,000 for the first time as momentum from last week’s record-breaking run continued.

The world’s largest cryptocurrency rose 2.7% to $120,990.05 as of 12:35 a.m. ET on Monday, marking another historic high after a three-day streak of fresh records last week.

Bitcoin is now up nearly 30% year-to-date, fueled by strong institutional demand, growing investor optimism, and broader risk-on sentiment in financial markets.