Bitcoin Hits $125K as Morgan Stanley Backs 'Digital Gold'

• BTC’s record $125K highlights growing institutional buy-in.
• Morgan Stanley calls Bitcoin “digital gold” amid macro strain.

On October 6, 2025, Cointelegraph reported that Bitcoin reached a historic price milestone, surpassing $125,000 during a period of economic uncertainty. Morgan Stanley's latest report identifies Bitcoin as "digital gold," emphasizing its scarcity and growing adoption as a treasury reserve asset.

Bitcoin's price increase coincided with multiple macroeconomic stress factors, including a U.S. government shutdown, rising inflation, and weakening labor markets. These conditions have driven a broader movement towards safe-haven assets, such as Bitcoin, which continues to solidify its position in the financial ecosystem.

Morgan Stanley’s report underscores institutional interest in Bitcoin, bolstered by its integration into investment vehicles like exchange-traded funds (ETFs). The report also describes Bitcoin as an increasingly credible alternative to traditional assets, particularly due to its long-term holding appeal. Supporting this trend, the amount of Bitcoin held on exchanges has reached a six-year low, suggesting a shift towards accumulation and storage by both retail and institutional participants.

The price rally also showcases Bitcoin’s resilience amidst a complex economic backdrop. Morgan Stanley’s analysts highlighted the cryptocurrency's emergence as a reliable store of value, equating its role to gold in a traditional financial system. This framing by a major financial entity strengthens Bitcoin’s reputation as a hedge against economic instability.

As of October 6, 2025, 01:08 UTC, Bitcoin (BTC) is trading at $123,592.508, with a 1.059% increase in 24-hour trading volume, according to the latest market survey.