CryptMarket Analysis — 6-10-0

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CryptMarket Analysis — 6-10-0

Bitcoin continues its explosive run, surging above $123,000 and flirting with a new all-time high following robust institutional demand and intensified safe-haven buying linked to the ongoing US government shutdown. Enthusiastic market sentiment is bolstered by Standard Chartered's bold projection that ETF flows could push BTC to $200,000 by the end of 2025, as investors reallocate from gold to digital assets. Meanwhile, Binance, Coinbase, and Kraken are spearheading a 'massive hiring spree,' signaling broad industry confidence and further cementing crypto’s position in the mainstream financial landscape. Overall, the short-term outlook remains strongly bullish, with sector-wide optimism and expanding use cases fueling momentum.