Bitcoin Hits Record High Amid U.S. Government Shutdown, Figure Receives Analyst Attention

Published at 2025-10-24 17:15:22
Bitcoin Hits Record High Amid U.S. Government Shutdown, Figure Receives Analyst Attention – cover image

On October 6, 2025, Bitcoin soared to a historic peak of $126,198, marking its highest price ever recorded. This impressive surge happened against the backdrop of a U.S. government shutdown, indicating how investors may be turning toward cryptocurrencies like Bitcoin as a hedge amid traditional market uncertainties.

In parallel, blockchain lender Figured made headlines by receiving its first wave of analyst coverage after its successful IPO in September 2025. This development points to increasing mainstream attention on innovative blockchain finance companies.

The data and market insights come from CoinMarketCap, a trusted source for crypto market metrics.

For those interested in entering the cryptocurrency market, Bitlet.app offers a unique Crypto Installment service. This allows you to buy cryptocurrencies now and pay monthly, making it easier to invest in high-growth assets like Bitcoin without a large upfront payment.

Stay informed and seize market opportunities by exploring Bitlet.app today.

Share on:

Related news

Larry Fink Admits Bitcoin Error as BlackRock’s IBIT Hits Record

BlackRock CEO Larry Fink conceded his earlier characterization of Bitcoin as an 'asset of fear' was mistaken, as the firm's iShares Bitcoin Trust (IBIT) posted a new record. The admission and the IBIT milestone highlight growing institutional acceptance of BTC.

BlackRock Sells $135M in Ethereum Despite 24‑Hour Market Rebound

BlackRock has offloaded roughly $135 million worth of Ethereum even as the broader crypto market posted a sharp rebound over the past 24 hours. The move underscores continued institutional selling pressure amid a tentative rally.

Revolut Adds Solana Support, Unlocking Access for 65M Users

Revolut has added full Solana network support, enabling SOL transfers and withdrawals for its roughly 65 million users after previously allowing only in-app trading.

Published at 2025-12-03 18:45:13
Polymarket Relaunches in U.S. After CFTC Approval

Polymarket announced its U.S. return after the Commodity Futures Trading Commission approved it to operate as an exchange, marking a major regulatory milestone for prediction markets. The relaunch comes amid rising user interest and participation in event-based trading.

Published at 2025-12-03 17:15:09
Dogecoin Activity Surges 10,187%, Ending Five-Day Slide

Dogecoin activity jumped 10,187%, snapping a five-day losing streak and producing a sharp rebound in Tuesday’s session. The move signals renewed retail interest and heightened volatility for the memecoin.

Published at 2025-12-03 15:30:31