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Bitcoin price traded near $118,500 on Thursday as a U.S. government shutdown boosted rate-cut odds, the dollar eased, and a visible short squeeze accelerated across derivatives venues. Gold printed fresh record highs around $3,895 per ounce as rate-cut pricing firmed and the dollar index hovered near 97.6. These conditions historically align with stronger performance in […] The post Bitcoin hits $118.5k: All-time high could be next as rate-cut bets crush shorts appeared first on CryptoSlate.