Bitcoin Surges Past $120K as Political Uncertainty Drives Investment Surge

As the U.S. government remains in a deadlock, Bitcoin has reached new heights, exceeding $120,000. This surge is driven by investor uncertainty regarding the political impasse and the broader global economic climate. Nigel Green, founder and CEO of deVere Group, highlights that this rise is a consequence of the government shutdown’s impact on trust in financial systems and the resulting shift to assets less dependent on political negotiations.