Bitcoin price is targeting a fresh rally to the $120,000 mark. The US government’s partial shutdown has seen BTC price break the key level of $117,000. Bitcoin price surged more than 3% as the United States federal government entered a partial shutdown on Wednesday, with BTC breaking above $117,000 for the first time in weeks. Amid a spike in safe-haven assets like gold, investors looking for a different hedge against political and economic uncertainty flocked to Bitcoin. With the deadline passed, a partial shutdown kicked in, with stocks reacting lower and gold rallying to a new all-time high.