The rally comes as investors increasingly turn to Bitcoin and gold as safe-haven assets in response to the rising US national debt, which is set to surpass $38 trillion within 0 the US dollar weakening and institutional confidence growing, figures like BlackRock’s Larry Fink and Ray Dalio are endorsing Bitcoin as a hedge against monetary 1 Rally Picks Up Steam Bitcoin could be gearing up for another major rally after reaching a new all-time high of $125,700 on 2 across the crypto market are very confident that the next upward leg could push the crypto king to $150,000 or 3 CrediBULL Crypto described Bitcoin’s latest price surge as “impulsive,” which could signal the start of a fresh wave toward higher 4 analyst believes the market will “blast through” current resistance levels, though pointed out that any pullbacks into the $108,000 to $118,000 zone should be seen as prime buying 5 trader Crypto Chase shared a similar outlook by saying a “new leg up seems likely” and that if Bitcoin’s momentum stays strong, corrections will be 6 whale trader James Wynn added that the asset likely entered price discovery mode after prolonged 7 believes BTC could print another record high within hours as investors shift their attention from traditional 8 also closed the week at $123,543 — which was its highest weekly close in history, according to 9 of the rally’s strength seems to be tied to macroeconomic conditions, particularly the US government shutdown that began on October 10 Mei , chief operating officer at BTSE, suggested that the shutdown, along with a weakening US dollar and potential rate cuts, is driving investors toward Bitcoin as a safe haven and hedge against 11 US Dollar Index already dropped more than 12% since the start of the year, making it one of its worst performances in 12 the same time, record inflows into US spot Bitcoin exchange-traded funds (ETFs) helped fuel the latest 13 investor Will Clemente said the rally was powered by spot ETF activity rather than speculative derivatives or treasury 14 expert Nate Geraci explained that the funds saw $3.2 billion in inflows last week — their second-best performance since 15 with Bitcoin’s historically bullish October performance, many analysts believe the stage is set for another explosive 16 Investments’ Charles Edwards even projected that Bitcoin’s breakout above $120,000 could trigger a climb toward $150,000.
Investors Seek Safety in Bitcoin Another factor that could give BTC a boost is the rising US national 17 are increasingly looking for refuge in safe-haven assets like Bitcoin and gold as the United States faces a mounting debt 18 national debt now sits at $37.9 trillion, and is growing at an alarming 19 fact, the debt rises by nearly $70,000 per second, or around $6 billion per 20 to data from the US Congress Joint Economic Committee, the figure is expected to surpass $38 trillion in the next 20 days and could reach $50 trillion within a 21 national debt changes () Representative Keith Self warned that unless Congress acts quickly, the country could face a sudden financial 22 urged citizens to demand fiscal responsibility from their 23 fears over the dollar’s stability grow, investors are turning to Bitcoin and gold to protect their 24 recently described the two as the “debasement trade,” which refers to their appeal during periods of currency 25 move coincides with both assets setting new 26 surged to an all-time high of $125,506 over the weekend, while gold hit a historic $3,920 per ounce on 27 trend proves that there is growing confidence in hard assets with limited supply, especially as the US dollar 28 interest in Bitcoin also 29 CEO Larry Fink, who was once a vocal skeptic, suggested earlier this year that Bitcoin could soar to $700,000 as investors seek protection against monetary 30 hedge fund manager Ray Dalio recommended that investors allocate up to 15% of their portfolios to Bitcoin and gold to improve their return-to-risk 31 also warned that other Western economies, including the UK, face similar debt spirals that will likely drive their currencies lower relative to these alternative assets.
Globally, the debt picture is no 32 reported that total world debt reached a record $337.7 trillion by the end of the second 33 was driven by continued quantitative easing and a weakening US 34 Trump administration has been trying to rein in government spending through various efficiency programs. A collaboration with Tesla CEO Elon Musk saved an estimated $214 billion before his term as a special government employee ended. Trump’s “Big Beautiful Bill Act,” cut $1.6 trillion in federal spending, but ironically contributed to pushing the US debt past $37 trillion.
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