What made Bitcoin’s price jump to $126,192 in early October 2025, and why did it later correct to around $120,000?
Why is this the correct answer?
This is correct because rapid inflows into Bitcoin ETFs and bullish sentiment can push prices higher in the short term, but after such a sharp rise, many investors choose to lock in gains. At the same time, news of a U.S. government shutdown increased uncertainty in broader markets, prompting some to sell and causing the price to pull back to a lower support level.
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