Reported 3 days ago
Bitcoin has reached a new record high of $125,689 amid the US government shutdown, which has prompted investors to seek safe-haven assets. This rally in Bitcoin coincided with significant bets in options markets and increased investment in Bitcoin ETFs, with a notable surge in open interest for call options. Traders anticipate potential resistance at $135,000, while October historically proves to be a strong month for Bitcoin, suggesting further upward momentum.
Source: YAHOO