{"id":18147,"date":"2025-10-02T14:53:07","date_gmt":"2025-10-02T13:53:07","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=18147"},"modified":"2025-10-02T14:53:09","modified_gmt":"2025-10-02T13:53:09","slug":"bitcoin-surge-whats-driving-its-explosive-growth-today","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/bitcoin-surge-whats-driving-its-explosive-growth-today\/","title":{"rendered":"Unveiling the Surge : What&#8217;s Driving Bitcoin&#8217;s Explosive Growth Today ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"bitcoin-on-the-threshold-of-120000-dawn-of-a-new-all-time-high\">Bitcoin on the Threshold of $120,000, Dawn of a New All-Time High ?<\/h2>\n\n\n\n<p><a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/bitcoin\/\">Bitcoin<\/a> reached a six-week high this morning at <strong>$119,550<\/strong>, just <strong>4%<\/strong> below its all-time record of <strong>$124,128<\/strong> set on August 14, 2025. At the time of writing, the world&#8217;s leading <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/\">cryptocurrency<\/a> is trading around <strong>$108,720<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">A massive run at the start of the month for <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>. <br><br>The trend is up, and dips are for buying.<br><br>It has taken almost all the liquidity above the recent highs, so I would expect some stalling here.<br><br>That means that we&#39;ll see <a href=\"https:\/\/twitter.com\/hashtag\/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw\">#Altcoins<\/a> continue to show strength and that also\u2026 <a href=\"https:\/\/t.co\/PQ3l2dq42X\">pic.twitter.com\/PQ3l2dq42X<\/a><\/p>&mdash; Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1973642353672966491?ref_src=twsrc%5Etfw\">October 2, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>This surge comes as the <strong>American government is paralyzed<\/strong> by another administrative shutdown, reinforcing distrust in central institutions and increasing the appeal of non-sovereign digital assets like <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/bitcoin\/\">Bitcoin<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"the-american-political-crisis-catalyst-for-bitcoins-rise\">The American Political Crisis : Catalyst for Bitcoin&#8217;s Rise<\/h2>\n\n\n\n<p>The budget impasse between Republicans and Democrats in Washington has triggered the first federal government shutdown since 2018. As a result, <strong>90% of SEC personnel are on forced leave<\/strong>, potentially delaying several key decisions for financial markets, particularly in the <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/\">crypto<\/a> sphere.<\/p>\n\n\n\n<p>According to Polymarket, only <strong>8%<\/strong> of bettors anticipate a quick resolution to the crisis. Faced with this instability, investors are turning to alternative <strong>safe-haven assets<\/strong> like <strong>Bitcoin<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"uptober-delivers-on-its-promise-bitcoin-launches-its-autumn-rally\">&#8220;Uptober&#8221; Delivers on Its Promise : Bitcoin Launches Its Autumn Rally<\/h2>\n\n\n\n<p>Each year, the month of October (nicknamed &#8220;<strong>Uptober<\/strong>&#8221; by the crypto community) brings bullish momentum for digital assets. 2025 is no exception to the rule, with Bitcoin benefiting from a <strong>favorable macroeconomic context<\/strong>.<\/p>\n\n\n\n<p>Among the identified catalysts :<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The estimated $15 billion weekly GDP loss due to the shutdown;<\/li>\n\n\n\n<li>Growing monetary uncertainty in traditional markets;<\/li>\n\n\n\n<li>The rise of Bitcoin as a decentralized safe-haven asset.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"bitcoin-etf-approvals-another-casualty-of-the-political-crisis\">Bitcoin ETF Approvals : Another Casualty of the Political Crisis<\/h2>\n\n\n\n<p>While the institutional crisis benefits Bitcoin&#8217;s price, it also jeopardizes an event highly anticipated by institutional investors : <strong>the approval of Bitcoin ETFs in the United States<\/strong>.<\/p>\n\n\n\n<p>According to Nate Geraci, an ETF specialist analyst, the launch of these regulated financial products is &#8220;potentially postponed.&#8221; Users of platforms like Coinbase, Binance France, or Bitstamp will therefore need to exercise patience.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"toward-bitcoin-at-130000-in-the-coming-weeks\">Toward Bitcoin at $130,000 in the Coming Weeks ?<\/h2>\n\n\n\n<p>Given the current bullish momentum and strong BTC fundamentals, many analysts predict that the <strong>$130,000 threshold could be crossed<\/strong> soon. Here are the medium-term targets :<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a><br><br>So far, we have had a very strong weekly open. However, we are currently testing the prior monthly wick high (117.9K). <br><br>Flip this high + 119.3K &amp; we have a very high chance creating a new ATH. If we cannot flip on first try, we will need to hold 114.4K for continuation. <a href=\"https:\/\/t.co\/gyMJ5znMNB\">pic.twitter.com\/gyMJ5znMNB<\/a><\/p>&mdash; Killa (@KillaXBT) <a href=\"https:\/\/twitter.com\/KillaXBT\/status\/1973490759992222195?ref_src=twsrc%5Etfw\">October 1, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Short-term objective : $120,000<\/li>\n\n\n\n<li>Breakout level : $124,128 (all-time high)<\/li>\n\n\n\n<li>Optimistic Q4 2025 scenario : $130,000 to $150,000<\/li>\n<\/ul>\n\n\n\n<p>Here are the main technical levels to watch :<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Immediate support : $108,000<\/li>\n\n\n\n<li>Intermediate resistance : $121,000<\/li>\n\n\n\n<li>Strategic threshold : $120,000<\/li>\n\n\n\n<li>Major barrier : $124,128 (ATH)<\/li>\n<\/ul>\n\n\n\n<p>As the world goes through a period of political and economic uncertainty, <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/bitcoin\/\">Bitcoin<\/a> confirms <strong>its role as a decentralized safe-haven asset<\/strong> independent of traditional institutions. Its approach to the symbolic threshold of <strong>$120,000<\/strong> marks a critical level for the weeks ahead.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/preprod.investx.fr\/go-bitget\/charles\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy your crypto on Bitget and earn a $10 bonus offer !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/bitcoin-heading-towards-150000-dollars-essential-data-points-to-monitor\/\">Bitcoin Heading Towards $150,000: 5 Essential Data Points to Monitor<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/unveiling-the-ultimate-xrp-price-forecast-for-october-expert-insights-and-analysis\/\">Unveiling the Ultimate XRP Price Forecast for October: Expert Insights and Analysis<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/3-new-crypto-etfs-poised-to-hit-the-market-by-halloween\/\">3 New Crypto ETFs Poised to Hit the Market by Halloween<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>With Bitcoin (BTC) nearing $120,000, the crypto market appears to have regained momentum. This upward trend aligns with the 11th shutdown of the US federal government, highlighting Bitcoin&#8217;s growing role as a digital safe haven.<\/p>\n","protected":false},"author":32,"featured_media":18145,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"Bitcoin","_yoast_wpseo_title":"Bitcoin : Why is it surging today ?","_yoast_wpseo_metadesc":"Bitcoin thrives amid the U.S. government shutdown. Discover key insights, market impact, and what\u2019s next for Bitcoin and the crypto sector.","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[12,10],"tags":[],"class_list":["post-18147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin : Why is it surging today ?<\/title>\n<meta name=\"description\" content=\"Bitcoin thrives amid the U.S. government shutdown. 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