Bitcoin Soars Above $120K as US Government Shutdown Continues

Bitcoin topped a price of $120,000 per coin on Thursday for the first time since mid-August as the U.S. government shutdown entered its second day—and as investors piled back into exchange-traded funds with the hope that the Federal Reserve would soon cut interest rates. The price of Bitcoin recently touched a price of $120,286 after rising 2% over a 24-hour period, according to CoinGecko data. Over the past week, the leading cryptocurrency has shot up by nearly 8%, rising again after a recent lull as inves ...