Bitcoin could surge to $135,000 as the US government shutdown fuels market uncertainty, according to Standard Chartered's Geoffrey Kendrick. The shutdown, the 22nd since 1974, is delaying crucial economic data and heightening investor concerns about US government risk. Analysts at Coinbase suggest the situation is increasing expectations for Federal Reserve rate cuts, potentially benefiting Bitcoin and other risk assets. However, the shutdown is also stalling the approval of altcoin ETFs, including those for Solana, XRP, and Dogecoin.
Bitcoin May Reach $135,000 Amid US Government Shutdown Concerns
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