Source: Bloomberg
“Bitcoin set a fresh record on Sunday for the first time since mid-August, as the US government shutdown drove investors to safe-haven assets in a migration dubbed the ‘debasement trade.’ The largest digital-asset climbed to $125,689 over the weekend and remained in touching distance of its all-time high on Monday morning in Singapore at about $123,700, according to data compiled by Bloomberg. The surge came amid a US government shutdown that’s helped fuel demand for perceived safe-haven assets.” (10/06/25)