Bitcoin Nears Record High, Echoing ‘Digital Gold’ Sentiment Amid Economic Uncertainty
Posted On October 4, 2025
Bitcoin (CRYPTO BTC) is on the brink of reaching its all-time high, reflecting a possible shift in investor sentiment towards treating the cryptocurrency as a safe-haven asset similar to gold in the face of persistent economic uncertainty.
Bitcoin experienced a rally of approximately 1.6% on Friday, trading at over $122,000, just below its record high of around $124,000 set in August.
This rally is concurrent with the ongoing U.S. government shutdown, which is causing widespread economic uncertainty.
Spot gold advanced 0.5% in early Friday trading to $3,876.55 per ounce, lifting its weekly gain to over 2%. …
About The Author
