09
Thu, Oct

Bitcoin Hovers Near Record After Topping $125,000 on Sunday

Bitcoin Hovers Near Record After Topping $125,000 on Sunday

Crypto News
Bitcoin Hovers Near Record After Topping $125,000 on Sunday

Bitcoin set a fresh record on Sunday for the first time since mid-August, as the US government shutdown drove investors to safe-haven assets in a migration dubbed the “debasement trade.”

The largest digital-asset climbed to $125,689 over the weekend and remained in touching distance of its all-time high on Monday morning in Singapore at about $123,700, according to data compiled by Bloomberg.

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