Bitcoin surged close to its all-time high of $124,000 as U.S. government shutdown continues. The cryptocurrency is up 2% at $123,874, with a 12% increase this week. Investors seeking decentralized assets amidst political uncertainty. Analysts predict Bitcoin hitting $135,000 soon. Traders also turning to gold and stocks for hedging options.

Spot gold rose 0.5% to $3,876.55 per ounce amid escalating political tensions. S&P 500 and Nasdaq Composite rose .5% and .27% on Friday. Investors diversifying into crypto, gold, and stocks in response to economic uncertainties. Bitcoin expected to reach new high of $135,000.

Read more at CNBC: Bitcoin rallies to within 1% of all-time high, gaining safe haven status during shutdown