Bitcoin Surges Near Record High Amid US Government Shutdown

Bitcoin ($BTC ) rapidly spiked to nearly $124,000 on Friday, coming close to its all-time high set in August, as "Uptober" began strongly. The surge liquidated $153 million in BTC shorts. Analysts attribute the rally to hopes of a Fed interest rate cut and BTC's appeal as a safe-haven asset during the US government shutdown, further solidifying its role as an alternative store of value. #anh_ba_cong