{"id":55928,"date":"2025-10-05T05:59:07","date_gmt":"2025-10-05T05:59:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/55928\/"},"modified":"2025-10-05T05:59:07","modified_gmt":"2025-10-05T05:59:07","slug":"bitcoin-rises-to-a-record-as-debasement-trade-spurs-risk-rally","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/55928\/","title":{"rendered":"Bitcoin Rises to a Record as \u2018Debasement\u2019 Trade Spurs Risk Rally"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/XBTUSD:BGN\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Bitcoin<\/a> set another all-time high as a broader risk rally around the US government shutdown buoyed the world\u2019s largest cryptocurrency.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The token climbed to as high as $125,689 on Sunday in Asia, topping its previous record set on Aug. 14, supported by the <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-03\/stock-bulls-can-t-get-enough-of-s-p-as-rally-enters-manic-zone\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">uptick<\/a> in US equities and renewed inflows into Bitcoin-linked exchange-traded funds. Investors have speculated that the shutdown, which <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-09-30\/us-set-for-wednesday-shutdown-as-democrats-reject-stopgap-bill\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">kicked in<\/a> on Wednesday, will drive investors to safe-haven assets in what market participants have begun to call the \u201cdebasement trade.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin set another all-time high as a broader risk rally around the US government shutdown buoyed the world\u2019s&hellip;\n","protected":false},"author":2,"featured_media":55929,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[337,951,114,27203,2614,4631,1580,19200,234,42,41954,190,41955,43,40,38,41,39,16212,730],"class_list":["post-55928","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-asia","tag-bitcoin","tag-business","tag-crypto","tag-cryptocurrencies","tag-cryptocurrency","tag-donald-john-trump","tag-generic-1st-gc-future","tag-government","tag-headlines","tag-joshua-lim","tag-markets","tag-michael-j-saylor","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories","tag-us-dollar-spot","tag-washington"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/55928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=55928"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/55928\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/55929"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=55928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=55928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=55928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}