Bitcoin rises as investors seek a global safe haven amid shutdown

Group 1 - Bitcoin increased by approximately 2% on Wednesday, trading at $116,598, while most other risk assets declined [1] - The rise in Bitcoin reflects its evolving perception as a store of value during times of geopolitical dysfunction, similar to gold, which also reached a record high [1] Group 2 - The U.S. government experienced a shutdown after a Senate bill failed to secure enough votes for funding, impacting market sentiment [2] - The shutdown coincides with Democratic efforts to extend enhanced Obamacare tax credits, led by key figures such as Sen. Chuck Schumer and Rep. Hakeem Jeffries [2]