Bitcoin Reaches New High Amidst Treasury Secretary’s Praise, Market Expects Continued Growth

U.S. Treasury Secretary Scott Bessent’s recent public praise for Bitcoin’s resilience has ignited political and market reactions during a U.S. government shutdown. This positive sentiment aligns with anticipated ETF inflows of $10 billion to $15 billion in November, which analysts believe will push prices towards $140,000 if the current conditions persist.