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Why Bitcoin Price Is Surging Today? BTC “Uptober” Rally Begins with Government Shutdown
Bitcoin (BTC) price tests $116,420 intraday highs today (Tuesday, 1 October 2025), surging over 3% during the last 24 hours as the cryptocurrency capitalizes on dollar weakness resulting from the temporary U.S. government shutdown. The leading digital asset trades at $116,261 with a 1.92% gain, demonstrating renewed momentum as investors position for October's historically bullish performance. In this article, I answer the question of why the Bitcoin price is going up, how the BTC/USDT chart looks from a technical analysis perspective, and what the latest BTC price predictions are for October 2025. Bitcoin’s price ... (full story)