• Bitcoin hit a record high above $126K as investors flocked to it amid a U.S. shutdown.
• Analysts attribute the rally to macroeconomic pressures, strong institutional inflows, and renewed accumulation from long-term holders.
• With October historically bullish for Bitcoin, analysts expect the rally to continue toward $200,000.

Bitcoin hit a new all-time high above $126,000, confirming its strongest October run in five years as U.S. investors seek alternatives to a weakening dollar. Bitcoin’s surge reflects macro pressure, surging ETF inflows, and growing long-term accumulation from institutions treating Bitcoin as a strategic reserve asset.

At the time of writing, Bitcoin (BTC) traded at $124,800, up nearly 9% week-over-week according to CoinMarketCap. The world’s largest cryptocurrency now boasts a market capitalization of over $2.4 trillion, strengthening its pos…

Read The Full Article Bitcoin Breaks $126K ATH: What’s Driving the Surge This October On Coin Edition.

• Bitcoin hit a record high above $126K as investors flocked to it amid a U.S. shutdown.
• Analysts attribute the rally to macroeconomic pressures, strong institutional inflows, and renewed accumulation from long-term holders.
• With October historically bullish for Bitcoin, analysts expect the rally to continue toward $200,000.

Bitcoin hit a new all-time high above $126,000, confirming its strongest October run in five years as U.S. investors seek alternatives to a weakening dollar. Bitcoin’s surge reflects macro pressure, surging ETF inflows, and growing long-term accumulation from institutions treating Bitcoin as a strategic reserve asset.

At the time of writing, Bitcoin (BTC) traded at $124,800, up nearly 9% week-over-week according to CoinMarketCap. The world’s largest cryptocurrency now boasts a market capitalization of over $2.4 trillion, strengthening its pos…

Read The Full Article Bitcoin Breaks $126K ATH: What’s Driving the Surge This October On Coin Edition.