The nearly 40-day government shutdown in the US may be coming to an end. While no agreement on a temporary budget has been reached, the US Senate has finally passed a temporary funding bill that will fund the government until January. The bill was passed with 60 votes in favor and 40 against, but it
Key Takeaways Strategy purchased 487 Bitcoins for $49.9 million at an average price of $102,557 per Bitcoin. The company continues to increase its corporate Bitcoin holdings through regular acquisitions. Strategy, a publicly traded business intelligence firm, acquired 487 Bitcoin for $49.9 million at an average price of $102,557 per Bitcoin last week. The purchase reinforces
CryptoQuant analyst GugaOnChain announced in his latest report that large investors (whales) have recently doubled their Bitcoin holdings and that this move has played a decisive role in keeping the Bitcoin price above $100,000. CryptoQuant: Bitcoin Whales Double Their Holdings, Price Holds Above $100,000 The report notes that accumulation in whale addresses has accelerated in
While most cryptocurrency investors welcomed the market recovery following the potential end of the US government shutdown, some short sellers were caught off guard by the rebound. The crypto market recovery saw popular high-leverage trader James Wynn’s main Hyperliquid account liquidated multiple times during the past 24 hours, with his wallet’s value sinking to just
Bitcoin price today trades near $106,239, recovering from last week’s breakdown below the multi-month ascending trendline that supported the entire 2025 advance. Sellers drove price into the $100,000 to $98,500 demand zone, where buyers defended the level aggressively. Risk sentiment improved following Donald Trump’s latest remarks indicating the U.S. shutdown could end soon. Buyers Attempt
QCP Capital reported in its market assessment published today that Bitcoin has held above the $100,000 level in recent days thanks to optimism about a possible budget deal from the US government. QCP Capital: Bitcoin Holds Above $100,000, Market Supported by Expectations of US Government Deal The company noted that Bitcoin struggled to surpass this
Bitcoin and the broader crypto market have bounced on growing speculation that the prolonged U.S. government shutdown may be nearing its end, a development analysts say could restore risk appetite and unlock fresh liquidity. The top cryptocurrency climbed 4.4% over 24 hours to an intraday high of $106,491, lifting the total crypto market capitalization by
Story Highlights U.S. shutdown ends after 40 days, restoring market confidence and halting $85 billion losses. Over 1.6 million federal workers to receive back pay as key data releases resume. Bitcoin eyes $112,000 target as shutdown resolution and cooling inflation spark dual bullish catalysts. After 40 long days of economic uncertainty, the U.S. government shutdown,
Matrixport analysts noted that the recent Bitcoin rebound back to $105,000 remains to be tested as indicators point to a possible pull-back despite short-term catalysts. Summary Matrixport warns of a limited rebound period for Bitcoin plagued by brief consolidation and possible pullbacks despite short-term catalysts like the potential end of the U.S. government shutdown and
Overleveraged traders were totally unprepared for the cryptocurrency market’s comeback, and none more so than James Wynn, who has once again come to represent the extreme volatility of the industry. After weeks of unrelenting losses, Wynn was liquidated 12 times in the last 12 hours alone, wiping out what little recovery remained in his account.