Bitcoin extended its 2025 rally on Sunday, breaching the $105,000 threshold for the first time before climbing to roughly $107,000 just after midnight New York time on Monday. The token earlier touched an intraday high of $106,635, according to multiple price trackers. The late-session advance delivered Bitcoin its highest daily and weekly closing levels on record, leaving the largest cryptocurrency about 2.5% shy of its all-time intraday peak. JPMorgan Chase & Co. analysts said they expect Bitcoin to outperform gold in 2025 and noted that U.S. states weighing purchases of the digital asset for strategic reserves could provide a more sustained catalyst for further gains. At current prices, Bitcoin’s market capitalization has edged past that of Alphabet Inc., making it the world’s sixth most valuable asset, according to market-value rankings cited by digital-asset commentators.