World PulseNow
Newsletter

Bitcoin Surges Past $116K Despite U.S. Government Shutdown: Is $120K Next?

NewsBTC•Thursday, October 2, 2025 at 2:00:59 AM
PositiveCryptocurrency
Bitcoin Surges Past $116K Despite U.S. Government Shutdown: Is $120K Next?
Bitcoin has surged past $116,000, marking a 3% daily gain, even amidst the U.S. government shutdown, which is the first since 2018. This political impasse has left 750,000 federal workers on furlough and could cost the economy around $400 million daily. Despite these challenges, risk assets like Bitcoin have shown resilience, with its market cap rising to $4.09 trillion and dominance increasing from 57% to 59%. This surge raises questions about whether Bitcoin could soon reach the $120,000 mark, highlighting its growing strength in the face of economic uncertainty.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
Dogecoin Mining Gets $2.5M Boost From Trump-Linked Thumzup Media
Bitcoinistan hour ago
Dogecoin Mining Gets $2.5M Boost From Trump-Linked Thumzup Media
PositiveCryptocurrency
Thumzup Media Corporation has made a significant move by providing a $2.5 million loan to DogeHash Technologies, aimed at expanding Dogecoin mining operations. This investment not only highlights the growing interest in cryptocurrency but also suggests a potential shift in the market dynamics, especially with ties to notable figures like Trump. As Dogecoin continues to gain traction, this funding could pave the way for increased mining capabilities and further legitimization of the cryptocurrency space.
Read full article
via Bitcoinist
Uptober underway: Bitcoin closes in on 7-week high at $120K
Cointelegraphan hour ago
Uptober underway: Bitcoin closes in on 7-week high at $120K
PositiveCryptocurrency
Bitcoin is experiencing a significant surge, closing in on a seven-week high at $119,450, driven by optimistic expectations of Federal Reserve rate cuts and the historical bullish trends of October. This rise is important as it reflects growing confidence in the cryptocurrency market, potentially attracting more investors and influencing market dynamics.
Read full article
via Cointelegraph
Solana (SOL) Price Rebounds From $205 Dip as Institutions Accumulate and $232 Target Emerges
NewsBTCan hour ago
Solana (SOL) Price Rebounds From $205 Dip as Institutions Accumulate and $232 Target Emerges
PositiveCryptocurrency
Solana's price has bounced back from a recent dip to $205, climbing above $209–$216 as institutional investors took advantage of the lower prices. This recovery is significant as it reflects confidence in the cryptocurrency market, especially amidst concerns about a potential U.S. government shutdown. The swift rebound also indicates that institutional buyers are actively participating in the market, which could lead to further stability and growth for Solana and other cryptocurrencies.
Read full article
via NewsBTC
Sweden eyes entering the Bitcoin ‘digital arms race’
Cointelegraph2 hours ago
Sweden eyes entering the Bitcoin ‘digital arms race’
PositiveCryptocurrency
Sweden is considering entering the Bitcoin 'digital arms race,' a move proposed by the Swedish Democrats, who play a crucial role in supporting the current ruling coalition. This initiative highlights Sweden's interest in cryptocurrency and its potential to enhance the country's technological landscape. As more nations explore digital currencies, Sweden's involvement could position it as a leader in the evolving financial ecosystem, fostering innovation and economic growth.
Read full article
via Cointelegraph
Bitcoin Weak-Hand Selling Slows: STH-SOPR Reset Hints At Potential Rally Setup
NewsBTC2 hours ago
Bitcoin Weak-Hand Selling Slows: STH-SOPR Reset Hints At Potential Rally Setup
PositiveCryptocurrency
Bitcoin has shown resilience by rising from $113,000 to approximately $117,000, defying predictions of a downturn amid the US government shutdown. This unexpected surge suggests that investors may be regaining confidence, potentially setting the stage for a rally. The situation is particularly noteworthy as it contrasts with the broader market sentiment, where many anticipated a decline in risk-on assets due to political uncertainties. This could indicate a shift in market dynamics, making it an important development for both investors and analysts.
Read full article
via NewsBTC
Bitcoin Smashes Past $118K – Is Stronger Bullish Momentum Now Set To Begin?
NewsBTC3 hours ago
Bitcoin Smashes Past $118K – Is Stronger Bullish Momentum Now Set To Begin?
PositiveCryptocurrency
Bitcoin has surged past $118,000, marking a significant milestone in its price journey. This upward momentum indicates a strong bullish trend, with potential for further gains if it surpasses the $119,500 mark. As Bitcoin consolidates its gains, it reflects growing confidence among investors and could signal a new phase of market activity. This is important not just for traders but for the broader cryptocurrency market, as it may attract more attention and investment.
Read full article
via NewsBTC
Binance Founder Reflects on Post-Prison Year Amid US Crypto Policy Transformation
Bitcoin.com3 hours ago
Binance Founder Reflects on Post-Prison Year Amid US Crypto Policy Transformation
PositiveCryptocurrency
Binance founder Changpeng Zhao, also known as CZ, has shared his reflections on the past year since his release from prison, coinciding with significant changes in U.S. cryptocurrency policies. His insights highlight the evolving landscape of the crypto industry and the potential for innovation and growth in the sector. This matters because it underscores the resilience of leaders in the crypto space and the ongoing dialogue about regulation, which could shape the future of digital currencies.
Read full article
via Bitcoin.com
Bitcoin Surges Above $119K as U.S. Government Shutdown Takes Effect; BTC Options Look Cheap
CoinDesk3 hours ago
Bitcoin Surges Above $119K as U.S. Government Shutdown Takes Effect; BTC Options Look Cheap
PositiveCryptocurrency
Bitcoin has surged above $119,000 as the U.S. government shutdown takes effect, highlighting the cryptocurrency's resilience in uncertain economic times. This surge is significant as it reflects growing investor confidence in Bitcoin as a safe haven asset, especially when traditional markets face instability. Additionally, BTC options are appearing relatively cheap, suggesting potential for further growth and investment opportunities in the crypto space.
Read full article
via CoinDesk
Analyst Raises Crypto ETF Odds to 100% With SEC’s Radical Listing Reset
Bitcoin.com4 hours ago
Analyst Raises Crypto ETF Odds to 100% With SEC’s Radical Listing Reset
PositiveCryptocurrency
An analyst has raised the odds of a cryptocurrency ETF being approved by the SEC to 100%, following a significant reset in the listing process. This development is crucial as it signals a potential breakthrough for crypto investments, which could attract more institutional money into the market and enhance the legitimacy of digital assets. Investors and enthusiasts alike are watching closely, as this could reshape the landscape of cryptocurrency trading and investment.
Read full article
via Bitcoin.com
Bitcoin reaches $119,000 milestone
Crypto Briefing4 hours ago
Bitcoin reaches $119,000 milestone
PositiveCryptocurrency
Bitcoin has reached a remarkable milestone of $119,000, highlighting a significant surge in institutional adoption and the potential for mainstream financial integration. This development is crucial as it could reshape global economic dynamics, making Bitcoin a more prominent player in the financial landscape.
Read full article
via Crypto Briefing
Bullish to Offer Bitcoin Options Trading With Top-Tier Consortium of Trading Partners
CoinDesk4 hours ago
Bullish to Offer Bitcoin Options Trading With Top-Tier Consortium of Trading Partners
PositiveCryptocurrency
Bullish is set to launch Bitcoin options trading in collaboration with a prestigious consortium of trading partners. This move is significant as it not only enhances the trading landscape for Bitcoin but also signals growing institutional interest in cryptocurrency markets. By offering options trading, Bullish aims to provide investors with more flexible strategies to manage their Bitcoin investments, potentially attracting a wider audience and boosting market liquidity.
Read full article
via CoinDesk
South Korea’s Crypto Scene Shrinks As Traders Flock Offshore: Report
Bitcoinist4 hours ago
South Korea’s Crypto Scene Shrinks As Traders Flock Offshore: Report
NegativeCryptocurrency
South Korea's cryptocurrency market is facing significant challenges as traders increasingly move their activities offshore. Reports indicate a sharp decline in fiat deposits and trading volumes on domestic exchanges, despite a rise in user numbers. This trend suggests that more capital is being directed towards foreign platforms, which could have long-term implications for the local crypto ecosystem and its regulatory landscape.
Read full article
via Bitcoinist
Latest from Cryptocurrency
Solana (SOL) ‘Uptober’ Begins With $220 Retest – Is It Ready For Second ‘Expansion Wave’?
NewsBTC24 minutes ago
Solana (SOL) ‘Uptober’ Begins With $220 Retest – Is It Ready For Second ‘Expansion Wave’?
PositiveCryptocurrency
Solana (SOL) has kicked off October, dubbed 'Uptober', on a high note, showing signs of a bullish rally after a strong performance in Q3. Analysts believe that Solana is poised to challenge recent price highs and may enter a new phase of price discovery. This is significant as it reflects growing confidence in the cryptocurrency market, especially following recent corrections, and could indicate a broader trend of recovery and growth in digital assets.
Read full article
via NewsBTC
Trump Jr. Backs WLFI’s USD1 Stablecoin Launch on Aptos
Bitcoin.coman hour ago
Trump Jr. Backs WLFI’s USD1 Stablecoin Launch on Aptos
PositiveCryptocurrency
Donald Trump Jr. has expressed his support for WLFI's launch of a USD1 stablecoin on the Aptos blockchain, highlighting the growing interest in cryptocurrency innovations. This endorsement not only boosts the credibility of the stablecoin but also reflects a broader acceptance of digital currencies in mainstream finance. As stablecoins gain traction, they could play a significant role in stabilizing the volatile crypto market and providing a reliable medium of exchange.
Read full article
via Bitcoin.com
DOGE Pops 9% as SHIB Flows Confirm Memecoin Momentum
CoinDeskan hour ago
DOGE Pops 9% as SHIB Flows Confirm Memecoin Momentum
PositiveCryptocurrency
Doge has surged by 9% as Shiba Inu flows indicate a growing momentum in the memecoin market. This rise is significant as it reflects the increasing interest and investment in cryptocurrencies that are often driven by community engagement and social media trends. The enthusiasm around these coins can lead to substantial market movements, making it an exciting time for investors and enthusiasts alike.
Read full article
via CoinDesk
XRP Jumps 5% as SBI Lending Program and ETF Countdown Fuel Rally
CoinDeskan hour ago
XRP Jumps 5% as SBI Lending Program and ETF Countdown Fuel Rally
PositiveCryptocurrency
XRP has surged by 5% recently, driven by the excitement surrounding SBI's new lending program and the impending countdown to a potential ETF approval. This rally is significant as it reflects growing investor confidence in XRP and the broader cryptocurrency market, suggesting that more institutional interest could be on the horizon.
Read full article
via CoinDesk
Dogecoin Mining Gets $2.5M Boost From Trump-Linked Thumzup Media
Bitcoinistan hour ago
Dogecoin Mining Gets $2.5M Boost From Trump-Linked Thumzup Media
PositiveCryptocurrency
Thumzup Media Corporation has made a significant move by providing a $2.5 million loan to DogeHash Technologies, aimed at expanding Dogecoin mining operations. This investment not only highlights the growing interest in cryptocurrency but also suggests a potential shift in the market dynamics, especially with ties to notable figures like Trump. As Dogecoin continues to gain traction, this funding could pave the way for increased mining capabilities and further legitimization of the cryptocurrency space.
Read full article
via Bitcoinist
Uptober underway: Bitcoin closes in on 7-week high at $120K
Cointelegraphan hour ago
Uptober underway: Bitcoin closes in on 7-week high at $120K
PositiveCryptocurrency
Bitcoin is experiencing a significant surge, closing in on a seven-week high at $119,450, driven by optimistic expectations of Federal Reserve rate cuts and the historical bullish trends of October. This rise is important as it reflects growing confidence in the cryptocurrency market, potentially attracting more investors and influencing market dynamics.
Read full article
via Cointelegraph