Bitcoin Nears All-Time High Amid US Shutdown and Market Rally
TL;DR Summary
Bitcoin neared its all-time high above $123,000 amid a risk rally driven by the US government shutdown, with investors viewing it as a safe-haven asset, supported by rising US equities and increased institutional demand, especially during October historically favorable for the cryptocurrency.
- Bitcoin Approaches Record as ‘Debasement’ Trade Spurs Risk Rally Bloomberg.com
- Bitcoin rallies to within 1% of all-time high, gaining safe haven status during shutdown CNBC
- When will the government shutdown end? Here's what the prediction markets think USA Today
- BTC NEARS ATH, TRUMP CONSIDERS STIMULUS, BNB MEMES PARABOLIC Decrypt
- Bitcoin tops $121,000, ether hits three-week high amid US shutdown shuffle theblock.co
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