Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

Bitcoin pushed above $120,000 late Thursday, extending a strong run that began in September and kept rolling into October, a month traders call Uptober for its bullish record. The move followed a quick rebound earlier in the week. After an intraday dip to $114,000 on Oct. 1, Bitcoin recovered to trade near $118,700 to $118,900 by Oct. 2, with highs reaching $119,500. The market leaned into seasonality, with Bitcoin posting average October gains of 14.4% since 2013. Broader crypto joined the advance. Ether ...