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Bitcoin Skyrockets to $113K Following Massive $8.5B US-Australia Rare Earth Deal

Bitcoin Skyrockets to $113K Following Massive $8.5B US-Australia Rare Earth Deal

Published:
2025-10-21 20:19:00

Digital gold proves its mettle as geopolitical shifts trigger crypto surge

The Ultimate Hedge Play

Bitcoin just smashed through another psychological barrier, hitting $113,000 after the US and Australia inked a whopping $8.5 billion rare earth minerals agreement. While traditional markets were busy analyzing quarterly reports, the crypto space demonstrated its uncanny ability to react to macro-economic shifts faster than Wall Street can schedule a board meeting.

Rare Earth, Rare Opportunity

The massive deal signals deepening Western efforts to secure critical supply chains—and smart money immediately recognized what that means for decentralized assets. Bitcoin's surge underscores its evolving role as both inflation hedge and geopolitical barometer. Meanwhile, traditional finance continues debating whether crypto is 'real' while missing the actual financial revolution happening right under their noses.

When nation-states make moves this big, digital assets don't just react—they lead. Another reminder that while analysts were busy predicting rate cuts, Bitcoin was busy rewriting the rules of global finance entirely.

How is GM Stock Doing

GM stock jumped over 8% in early trade, and is up 28% YTD at press time. At $67, GM is trading NEAR the top of its 52-week range and above its 200-day simple moving average. Wall Street analysts are looking positively at GM stock. This week, Piper Sandler raised the firm’s price target on General Motors (GM) to $66 from $48, maintaining a Neutral rating on the shares.

Further, CFRA’s Garrett Nelson said in a note Tuesday morning that GM’s moves to navigate US tariffs bode well for the company and its stock. “We think management’s ability to raise guidance despite tariff headwinds of $3.5B-$4.5B (improved from $4B-$5B) demonstrates effective mitigation and operational flexibility.”

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