Bitcoin Price Rebounds: $4.5K Barrier Broken Amid Institutional Optimism

The Bitcoin price surged, breaking past the $4,500 mark and reaching a new all-time high of $106,430. This bullish movement is driven by several factors: increased market sentiment fueled by the resolution of the U.S. government shutdown, a shift in institutional trading as prominent hedge fund Kynikos Associates closed its short position on Bitcoin-linked equities (Strategy (MSTR)), and improved technical indicators pointing to stabilization.