The Bitcoin recorded Another historical high over the weekendas the wider upward mood due to the US government’s shutdown and optimism around ‘Uptober’ sent the world’s largest cryptocurrency over 125,000 dollars.
Token went up to $ 125,689 early on Sunday (05.10.2025) in New York, surpassing the previous August 14 record, backed by US shares and renewed inflows to ETF connected to Bitcoin. Investors speculate that Shutdown, which came into force on Wednesday, will turn funds to “safe shelters”, to what market participants have begun to call “debasement trade”.
In the upward image is added and Bitcoin’s historical over -performance in October, which has given him the nickname “Uptober”. Token has been reinforced in nine of the last ten October.
“With so many assets, from shares and gold to Pokémon collectible cards, to catch historically high, it is not surprising that Bitcoin benefits from narrative of dollar weakening“, Joshua Lim, co-ordinated in Bloomberg at Crypto Prime Brokerage Falconx.
The largest digital asset based on capitalization had reached the previous high at $ 124,514 on August 14 and now recorded more than 30% since the beginning of the year.
Bitcoin is steadily rising most of the last year, as a result of the favorable legislative environment in Washington inaugurated by President Donald Trump. Located companies, at the forefront of Michael Saylor’s strategy, have boosted demand by following the ever -most popular corporate tactics of storing the original cryptocurrency in their funds. This “manual” has also passed to smaller competitors, such as Ether, leading to a broader rise in digital assets.
The US shares have historically touched on Friday, amidst new major agreements and partnerships in artificial intelligence, defying the prospect of a prolonged shutdown and an ominous measurement of business. US government bonds and the dollar retreated. Gold was headed to seventh consecutive weekly risefueled by central banks markets, in an environment of downward US interest rates and persistent inflation concerns.
“Shutdown matters this time,” said Geoff Kendrick, head of digital assets research at Standard Chartered Plc, adding that he is expecting Bitcoin rise during this period. He noted that Bitcoin was “in a different phase” in the previous Shutdown, between 2018 and 2019, when it negotiated less synchronized with traditional risk assets.