Bitcoin hits record high above $125,000
Summary
Bitcoin surged to a record high above $125,000 amid US government shutdown concerns and regulatory changes that have boosted its value.
Key Points
- Bitcoin reached a new record high above $125,000, surpassing its previous peak from August.
- The rise in Bitcoin's value is supported by gains in US shares and investor caution amid US government shutdown negotiations.
- US President Donald Trump and his family have promoted cryptocurrencies, contributing to Bitcoin's popularity.
- Regulatory changes in the US, including three cryptocurrency bills passed by the House of Representatives, have driven Bitcoin's value higher.
