Bitcoin pushed into uncharted territory, the Fed returns to the spotlight midweek, and the government shutdown threatens to mute key macro signals...
Bitcoin Back at All-Time Highs
Bitcoin (Crypto: BTC) broke through its previous all-time high of $124,533 on August 13, setting a new record at $125,750. The breakout highlights growing optimism around digital assets as the stablecoin market is projected to 7x by 2030, paving the way for real-world crypto use cases in payments, settlement, and tokenized assets.
The move also lifted mining-related names… the largest miners continue to rely on ASIC chips from Canaan(NASDAQ:CAN), which saw its stock jump 65% last week and 85% in 1 month, as demand …