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Is 'Uptober' Beginning For Bitcoin?
Bitcoin prices have continued to rise throughout the week. Despite some trepidation on Monday as to how the market would react to a US government shutdown it seems that BTC has emerged as a preferred vehicle for traders looking to store their capital during this period of uncertainty. While gold is leading the pack in terms of gains, BTC has risen firmly this week with price now eyeing a retest of the current all-time highs should buying continue over coming sessions. A surge in institutional demand, as reflected by soaring ETF inflows, suggests that BCT might soon see a breakout into new highs. This view is ... (full story)