Bitcoin flying high again 🚀

As the U.S. government shutdown continues on, Bitcoin surged above $121,000 and could be poised for another record run.

Author

Andrew Hayward
October 02, 2025

đź“ť What you need to know

The U.S. government shutdown hit day two, and Bitcoin is soaring again.

Bitcoin has steadily climbed throughout the day, rising above $121,000 on Thursday afternoon for the first time since mid-August. The top coin is now up more than 10% on the week, but BTC isn’t the only coin on fire right now.

In fact, look up and down the top 10 coins by market cap and nearly every coin but the dollar-pegged USDT and USDC has put up a double-digit weekly gain, with Solana leading the pack with a nearly 17% spike over the past seven days.

Bitcoin is now just less than 3% from its record mark above $124,000 set in August. Is a new all-time high in the cards as “Uptober” takes hold? Stay tuned.

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đź’¬ Quote of the Day

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“By building a strategic Bitcoin reserve, Sweden is positioning itself for a potentially disruptive shift in the global financial infrastructure.”

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đź“š Watch and Learn

📹️ WATCH: BTC ALMOST $120K, CRYPTO IS GREEN, PNKSTR JUMPS 50% TO $140M

Crypto majors see more green; Bitcoin at $118,800. ZCash continues to lead, soaring 50% to $140. US government shutdown pauses ETF approvals. Lighter leaves private beta, opens Perps platform to public. Polymarket eyes US return as soon as today. PNKSTR jumps 50% to $140M as other NFT Strategies boom. Crypto majors are green again continuing the shutdown rally, more.

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