The statement is strongly supported by multiple credible sources. Evidence from Reuters, Coinbase, and Paxful dated in mid-2025 explicitly states that Bitcoin reached a new all-time high of approximately $123,000. Other sources from August 2025 corroborate that the price was nearing this peak. Contradictory evidence either refers to older, surpassed all-time highs from previous years or from earlier in 2025 before the new record was set.