Bitcoin climbed above $125,000 on Monday, fueled by a surge in retail investor demand as the ongoing U.S. government shutdown rattled confidence in traditional markets.
According to QCP Capital, the rise “reflects renewed accumulation as investors turn to Bitcoin,” with many viewing the cryptocurrency as a safe-haven asset during periods of governance uncertainty.
Analysts say the shutdown, which has halted non-essential services and delayed economic data releases, has increased market anxiety, pushing retail investors toward decentralized assets.
Spot purchases have accelerated as whales keep holdings off exchanges, signaling confidence and long-term accumulation in Bitcoin’s price trajectory.
With agencies such as the SEC facing furloughs, cryptocurrency-related approvals and reviews could face delays, further underscoring the regulatory limbo.
Yet, this backdrop has amplified Bitcoin’s appeal as an alternative store of value, reinforcing its role as digital gold amid fiscal disruptions.