Bitcoin has reached a new all-time high of over $123,731.21, surpassing its previous peak from August. This surge comes amid a backdrop of macroeconomic uncertainties and a US government shutdown, highlighting Bitcoin's resilience and appeal as an investment. The positive momentum in the market suggests that investors are increasingly confident in Bitcoin's potential, making this milestone significant for both the cryptocurrency community and the broader financial landscape.

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.

Bitcoin has surged past $118,000, a significant milestone that comes amid the U.S. government shutdown. This price increase highlights the growing interest and confidence in cryptocurrency, especially as traditional markets like Wall Street face uncertainty. The rise in Bitcoin's value could indicate a shift in investor sentiment towards digital assets, making it a crucial moment for both the cryptocurrency market and the broader financial landscape.