Bitcoin Price: Bitcoin continued its rally to hit a fresh all-time high at $126,198 before slumping 1 per cent to $124,140. Bitcoin is +0.79% in the last 24 hours with a circulating supply of 19.93M. The uptober effect, a historical trend, where bitcoin prices appreciate substantially in October, the record inflow in ETFs and Fed rate cut have led to a historical rise in Bitcoin price.

According to Binance, in the past 30 days, the price of Bitcoin gained 12 per cent around $13,761.

The ongoing U.S. government shutdown reinforced the broader “debasement trade", driving parallel demand for both crypto and gold, CoinSwitch Markets Desk explained to News18. On-chain data points to sustained accumulation, with exchange reserves continuing to decline, it added.

The appeal of Bitcoin is link

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