Wall Street analyst sees Bitcoin hitting new highs despite U.S. shutdown
Yahoo Finance·2025-10-06 16:39
October indeed proved to be "Uptober" for the crypto market as Bitcoin hit a new all-time high (ATH) of $125,559.21 on Oct. 5, up 100% in a year. Launched in 2009, Bitcoin is the world's first decentralized cryptocurrency. Once dismissed as a scam, its market capitalization now lags behind only those of the world's largest companies like Nvidia (Nasdaq: NVDA), Microsoft (Nasdaq: MSFT), Apple (Nasdaq: AAPL), Alphabet (Nasdaq: GOOG), and Amazon (Nasdaq: AMZN). Related: What is Crypto? Cryptocurrency explain ...