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.
The bottom of the bitcoin treasury stock bloodbath may finally be in. Jim Chanos, the famed short seller best known for anticipating Enron’s collapse in 2001, said he closed his position on Strategy (MSTR), marking the end of an 11-month short MSTR/long bitcoin BTC$106,415.04 trade. A short position, which involves selling borrowed shares, is a
Bitcoin ended the calendar week with a price resurgance that only intensified as the new one began, and the asset jumped to almost $107,000 for the first time since last Tuesday. Naturally, this explosive month north has harmed certain over-leveraged traders. The popular account going under the name James Wynn made the headlines again by
Block Inc. of Jack Dorsey has made an unprecedented move to mainstream crypto adoption. Beginning November 11, 2025, the company will enable over 4 million merchants with its Square payment system to accept Bitcoin as payment. The implementation is one of the biggest real-life applications of cryptocurrency in international trade. The news was announced by
Bitcoin is showing renewed strength after a volatile week, climbing above $103,000 as two major catalysts dominate the headlines: President Trump’s $2,000 “tariff dividend” plan for U.S. citizens, and Michael Saylor’s cryptic message hinting at another round of Bitcoin accumulation. These developments have revived optimism across the crypto market, reminding investors of the powerful link
Bitcoin price is attempting to recover above $103,500. BTC could continue to move up if it clears the $106,500 resistance zone. Bitcoin started a decent recovery wave above the $103,500 support. The price is trading above $104,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with
Bitcoin surpassed $106K early on Monday morning after President Donald Trump announced a potential dividend payment from income accrued via tariff collection. The U.S. Senate also voted to end the federal government shutdown, a return to normalcy after the largest such event. Bitcoin Crosses $105K Milestone: Trump Tariff Dividend and Government Shutdown Ending Bitcoin is