📽 It’s time for another weekly crypto roundup!
Matt Zahab and Rachel Wolfson are back with Episode 65, breaking down the latest crypto headlines.
Don’t miss out — tune in now! 🔥
📌 Price Action
📌 Bitcoin Sets New Record High Above $126K As Political Gridlock Boosts Haven Assets
Bitcoin surged to a new record high above $126,000 on Monday, extending gains as investors sought shelter from political and economic uncertainty.
The milestone added to a powerful run that has seen the cryptocurrency nearly double in value over the past year. Exchange balances fell to multi‑year lows, with over 114,000 BTC leaving platforms in two weeks.
📌 Gold Price Hits New Record at $4,035 Per Ounce
On Wednesday, Gold hit a record $4,035 per ounce as investors sought safety amid the US government shutdown and market uncertainty. The metal has surged 30% since April, driven by Trump’s tariffs, a weaker dollar, and record inflows into gold ETFs.
Analysts warn the rally could cool if the Fed raises rates, though expectations of cuts continue to fuel bullish sentiment.
📌 Real Estate Giant Opendoor to Accept Bitcoin and Crypto for Home Buying, CEO Confirms
CEO Kaz Nejatian confirms Bitcoin acceptance for the $6.22B real estate platform operating across 44 U.S. markets as company stock jumps to $8.38 following announcement.
The announcement came through a social media exchange when Nejatian responded to a user suggestion about crypto payments by stating, “We will. Just need to prioritize it.“
📌 $6 Billion Floods Crypto in One Week – Institutions Going All-In on Bitcoin, ETH, SOL
$6B floods crypto in one week as institutions go all-in with Bitcoin leading at $3.55B, ETH at $1.48B, SOL at $706M.
Digital asset investment products attracted a record $5.95 billion in inflows last week, the largest weekly total on record, driven by delayed responses to weak U.S. employment data and concerns over government stability following the shutdown that began on October 1.
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