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Story summary
- Bitcoin hits a new all-time high above $126,000, driven by institutional demand and spot ETF inflows totaling $3.2 billion last week amid the U.S. government shutdown.
- Nearly all holders are in profit, bolstering bullish sentiment, and analysts expect a move toward $130,000 or higher if trends persist.
- The rally follows Uptober dynamics, with the cryptocurrency market cap surpassed $4 trillion.
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