Gold and Bitcoin Surge as US Stocks Struggle Amid Government Shutdown

As the U.S. government enters its first shutdown in seven years, gold and Bitcoin are emerging as safe-haven assets, seeing significant gains. With the dollar slipping and economic uncertainty mounting, investors are flocking to these alternative assets.

🔑 Key Highlights:

The U.S. government shutdown impacts stock markets, causing the Dow, S&P 500, and Nasdaq to dip.

Gold hits a new record high at $3,895 per ounce, while Bitcoin surged above $116,000.

Private payrolls declined by 32,000 in September, adding to investor concerns.

Bitcoin's rise could surpass $120,000 as bullish momentum builds.

📉 Stocks Falter:
Stocks struggle as the government shutdown halts operations of key agencies like the Bureau of Labor Statistics, delaying important data releases.

🔒 Safe-Haven Rally:
Gold and Bitcoin thrive as risk-off sentiment rises, with geopolitical and economic uncertainties driving prices higher.

🚀 Takeaway:
The shutdown and declining dollar make gold and Bitcoin prime candidates for investors seeking stability amid stock market volatility.