US EditionBitcoin Rebounds To $122,000 As Ethereum, XRP, Dogecoin Rally Into Weekend
Bitcoin surged past $121,000 amid U.S. government shutdown fears, with JPMorgan forecasting a rise to $165,000 by year-end and retail investors driving strong ETF inflows.
- Reclaiming $120,000, Bitcoin peaked at $121,000 before pulling back on October 2, 2025, marking a two-month high.
- Demand surged amid the U.S. partial government shutdown as spot Bitcoin ETFs drew $2.25 billion since Monday, with $627.2 million net inflows on Thursday, reflecting investor interest.
- Taker-Volume data show buy volume exceeding sell volume by nearly $1.8 billion since the monthly open, while on-chain data recorded a $1.6 billion surge in Bitcoin buying and IBIT reached $38 billion in open interest.
- The rally lifted the broader crypto ecosystem, with Ethereum, Dogecoin and XRP posting double-digit gains; Dogecoin gained more than 13 and was trading around 26 cents Thursday evening, while Coinglass liquidation data shows 145,004 traders liquidated for $556.48 million.
- JPMorgan analysts project a $165,000 year-end target, while analysts forecast price discovery near $130,000 next week with resistance at that level.
15 Articles
15 Articles
Bitcoin nears all-time high as Ethereum, Solana, and XRP rally; Bakkt stock surges 150%
Bitcoins price hit around $123,874 as of early October 2025. This is only about 1% below its record high of $124,480 set in August 2025. Over the past week, Bitcoin has gained roughly 12%. This rally started amid ongoing political and economic uncertainty caused by the current U.S. government shutdown.
Bitcoin Rebounds To $122,000 As Ethereum, XRP, Dogecoin Rally Into Weekend
Bitcoin is back above $122,000, closing in on its first all-time high break since August. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $122,529.00 Ethereum (CRYPTO: ETH) $4,513.96 Solana (CRYPTO: SOL) $233.19 XRP (CRYPTO: XRP) $3.04 Dogecoin (CRYPTO: DOGE) $0.2597 Shiba Inu (CRYPTO: SHIB) $0.00001268 Notable Statistics: Coinglass data shows 145,004 traders were liquidated in the past 24 hours for $556.48 million. SoSoValue repo…
Bitcoin rallies to within 1% of all-time high, gaining safe-haven status during shutdown
Bitcoin rallied on Friday to within striking distance of its record high as the U.S. government's shutdown entered its third day.The world's oldest cryptocurrency is trading up roughly 2% on the day at $123,874. That's about 1% below its all-time high price of just north of $124,000, which it reached in mid-August.Investors are flocking to…
Gold prices soared to new highs this week, hitting $3,893.06 an ounce, as the U.S. government entered its first shutdown in nearly seven years. More...
Bitcoin Approaches All-Time High as Total Market Cap Hits $4.21 Trillion
Bitcoin has experienced a remarkable rally over the past week, surging approximately 14% and nearing key resistance levels that could lead to fresh all-time highs. This swift rally comes amid uncertain macroeconomic conditions, including a U.S. government shutdown, which markets seem to be largely ignoring. Investors are watching whether Bitcoin can sustain its momentum as demand strengthens on-chain and institutional interest remains high amids…
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