The high Bitcoin price comes today, on Thursday, exceeding $ 118,000, followed by the rest of the Chipto market, announcing the launch of the start of the next start for the month of October.
The price of the largest digital currency increased by 4% in 24 hours to reach $ 118,856, to start starting by increasing the total value of CRIPTO by 4.6% to become 4.17 dollars billions, while the price of Ethereum-ETH and the Ripple-XRP currency increased by 6.1% ($ 4,385) and 5.6% ($ 2.97).
The acquisition of Momentum strengthens the optimism of traders with a strong start of digital assets in October, as in previous years.
Government closure concerns push investors to digital assets
The removal took place a week after a high wave of transactions liquidation and the pressure pressures that caused low prices, and analysts were ready to collect whales for the currency at the start of the week as a basic catalyst for the reflection of the path, while the United States entered this week the first closure of the government in 6 years after the legislator succeeded in adopting a temporary bill For about 80,000,000 important economic data – including employment reports – should be delayed accordingly.
The first closure of the United States government in six years has started, threatening broad deactivation and increasing doubts about the time of SPOT ALTCOIN ETF approvals.#Close #Cryptoetfhttps://t.co/pmqc3egqd
– cryptonews.com (@cryptonews) October 1, 2025
These factors have contributed to improving the attractiveness of Bitcoin to move from the government’s failure, and the CEO of the future digital wealth company Lucas Kieli said: “The markets hate the state of confusion, and we must expect an increase in price fluctuations.”
Kelly has spoken of the possibility of the administration to exploit this suspension in order to put pressure on the reduction in the number of employees if Washington does not solve this problem quickly, but he expects the reluctance of the Senate to be reluctant to these measures and reaching a quick agreement to resolve the problem.
The limited response of the government is pressure for the scarcity of liquidity
The demand of investors for Bitcoin confirms its constancy during periods of political stagnation; Traders consider decentralized assets as a good alternative when traditional markets are collapsed, and government suspension has helped to strengthen this point of view, but experts continue to warn me against government financing problems to adopt the currency in the long term.
The Delay in Organizational Decisions is a test of the Patience of Investors, Especially in Terms of Immored Trading Funds on the Stock Exchange (Crypto Etfs), and the Executive Director and the Partner Institution of Block Street Hedy Wang Stated In this Look Saying: “Legal risks assumptions and deals will Along with the Liquidity Window Narrowing If the Securities and Exchange Committee (Sec) or the CFTC Contracts Trading Committee fails to respond to these.
Wang spoke of reducing labor and obstruction to supervision and coordination between agencies and comparative exams with states, which can lead to the expectations of new exporters for longer periods in order to collect approvals and repeat banks in the transfer of experimental projects to the stage of production, and added: “This framework constitutes a long-term obstacle.
Pressures in the total economy constitute support for digital currencies
Traders consider Thursday’s launch as an indication of Bitcoin’s electrical force, despite current concerns, and its history of repeated summits contributed to October to feed the wave of optimism.
Price starts reflect the impact of total economic movement; Where digital currencies receive a positive boost from the weakness of the US dollar resulting from political tensions and investor recycling for investments in accordance with risks, so that digital assets derive their strength from their role of alternative investment in conjunction with the will of the market to imminent fluctuations.
The price of Bitcoin-BTC exceeds $ 118,000 with the beginning of October, taking advantage of the low American dollar appeared first on Arab cryptonews.
