U.S. Treasury Secretary Endorses Bitcoin Amidst Government Shutdown

U.S. Treasury Secretary Scott Bessent celebrated Bitcoin’s enduring resilience during the ongoing government shutdown, highlighting its potential for growth and institutional adoption. On October 31, 2025, he expressed his positive outlook on Bitcoin’s stability, marking 17 years since the Bitcoin white paper’s release. This statement resonated with market confidence and strengthened support for digital assets amidst political uncertainty.