Bitcoin has reached a new all-time high of $125,000, driven by increased institutional interest and market dynamics. This surge comes as Morgan Stanley labels Bitcoin as 'digital gold,' recommending up to a 4% allocation in portfolios. In parallel, the U.S. government shutdown has led to a pause in SEC operations, affecting crypto ETF reviews and enforcement activities. Meanwhile, Stripe is making significant moves in the crypto space by filing for a federal charter to mint stablecoins, signaling a broader adoption of digital currencies. Additionally, exchange balances have dropped to levels not seen since 2019, indicating a shift towards cold storage as investors seek to secure their assets amid market volatility.