Summary: Bitcoin reached a new all-time high of US$125,689, driven by a broader risk rally and the “debasement trade” spurred by the US government shutdown. The token’s rise is further supported by its historical outperformance in October and the increasing adoption by public companies.

Link: https://www.theedgesingapore.com/news/cryptocurrency/bitcoin-rises-record-debasement-trade-spurs-risk-rally