Bitcoin's price has reached a new high of $87,600 in the overnight session on April 21, 2025, after spiking nearly $3,000. The cryptocurrency first surpassed the $85,000 milestone on April 19, then quickly climbed to $86,000, and subsequently reclaimed $87,000. This price breakout coincides with the U.S. dollar falling to a three-year low. Multiple sources note that Bitcoin's rise is occurring alongside a downturn in the U.S. stock market and a weakening dollar.