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Bitcoin Surges Above $114K as Traders Look Ahead to 'Uptober'
Yahoo Finance·2025-09-29 23:12

A sharp rally which began late in the weekend continued into U.S. Monday morning trading hours, with bitcoin (BTC) re-taking the 114,000afterhavingtumbledbelow114,000 after having tumbled below 109,000 last Friday. The move suggests crypto traders are responding to the same macroeconomic factors — namely lower interest rates across the West — that's been driving gold and many stock indexes to new record highs on nearly a daily basis. It also suggests a seasonal factor, with investors shifting focus from historical September weakness ...