Lagos, Nigeria – E be like say Bitcoin don carry eye go sky again, as e don reach new all-time high! Last Sunday for Asia, the world’s biggest cryptocurrency jump enter $125,689, as excitement from the US government shutdown dey spread like wildfire.
As we sabi, this shutdown matter wey start Wednesday don make investors sabi sey dem need safe spots for dia money. With US stocks dey rise like olokun, Bitcoin no carry last as e join the party.
Joshua Lim, wey dey run markets for FalconX, talk sey as everywhere dey shine with new highs – even gold and Pokemon cards! – e no go surprise sey Bitcoin dey collect benefit from this dollar wahala wey some people dey call ‘debasement trade’. (No be play, even Pokemon cards don dey shine, my guy!)
October no be just any month for Bitcoin; dem don give am nickname ‘Uptober’ because e don dey rise for nine out of the last ten Octobers. This year alone, Bitcoin don jump more than 30%. Man like Michael Saylor dey gather Bitcoin like say na beans wey e dey stock for market, and plenty companies don follow suit. Dem don turn Bitcoin to gold, my people!
While US stocks dey craze with record highs, thanks to some sweet AI deals, Bitcoin wan collect spotlight. E dey catch fire, and commodities like gold dey follow for back. Na why Geoff Kendrick from Standard Chartered dey yan sey this shutdown matter go help Bitcoin rise again. E don gather plenty attention this time, unlike the last shutdown wey no move Bitcoin like before.
So, if you dey hold your Bitcoin tight like say e be your last rice, you fit dey smile! As e dey rise, make we see how far e go carry us. Who no like better thing? In this digital age, Bitcoin dey shine bright, and no be anybody go fit dim am! (Abeg, make sure sey you no miss the wave o!)
Do you have a news tip for NNN? Please email us at editor@nnn.ng
