The Token climbed as high on Sunday in Asia as $ 125,689. | Photocredit: Sittipong Pokawattana
Bitcoin set one all time high as a broader risk content around the closure of the US government, stimulated the world’s largest cryptocurrency.
On Sunday in Asia, Token climbed as high as $ 125,689, to which his previous record was set on 14 August, supported by the increase in US shares and renewed inflow into Bitcoin-linked stock market-related funds. Investors have speculated that the Shutdown, who started on Wednesday, will drive investors to safe port activa in what market participants have started mentioning the ‘Debasementhandel’.
“With a lot of assets, including shares, gold and even collector’s objects such as Pokemon cards that are high all time, it is no surprise that Bitcoin benefits from the Dollar Debasement story,” said Joshua Lim, co-head of markets at Crypto Prime Brokerage Firm Falconx.
Adding to the bullish sentiment is the historical outperformance of Bitcoin in the month of October, which earned the nickname “Uptober”. The token was won in nine of the last 10 octobers.
The largest digital asset per market value reached the previous high of $ 124,514 on 14 August and has now increased by more than 30% this year.
Bitcoin has increased steadily for the majority of the past year as a result of the friendly legislative climate in Washington ushered by President Donald Trump. Public companies, led by Michael Saylor’s strategy, have encouraged the question by following an ever -popular business tactic to store the original cryptocurrency. The PlayBook has spread to smaller competitors, such as Ether, which leads to a wide rise in digital assets.
US shares arrived on Friday record highs, in the midst of another round of artificial intelligence agreements and partnerships with large ticket, which covered the prospect of a long -term closure and a gloomy lecture on business activities. Treasuries and the dollar slid. Gold was on schedule for a seventh weekly profit, fed by buying central bank in the midst of falling American interest rates and persistent inflation problems.
“The Shutdown is important this time,” said Geoff Kendrick, head of Digital Assets Research worldwide at Standard Chartered PLC, adding that he expects Bitcoin to rise during this period. He noted that Bitcoin was “in a different place” during the previous closure between 2018 and 2019, when the token acted less in accordance with traditional risk assets.
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Published on October 5, 2025
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