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Bitcoin Holds Above $105K as Traders Eye Government Shutdown Deal and Liquidity Boost

Bitcoin Holds Above $105K as Traders Eye Government Shutdown Deal and Liquidity Boost

Bitcoin stabilizes near $106K amid hopes for an end to the U.S. government shutdown, potentially unlocking $150-200 billion in liquidity, though regulatory delays pose risks for the crypto sector.
Bitcoin recovery: The leading cryptocurrency rebounded to near $106,000 after an initial dip, driven by optimism over a potential resolution to the 39-day U.S. government shutdown. Liquidity potential: Ending the shutdown could release $150-200 billion from the Treasury General Account, boosting bank reserves and risk assets like crypto. Regulatory risks: A prolonged stalemate may sta…

Weekly Crypto Snapshot – Crypto’s Post-Shutdown Rebound Rally

The cryptocurrency market closed the week on a high note, with Bitcoin reclaiming $106,000 and the total market capitalization expanding 4.6% to $3.66 trillion. This rebound follows a turbulent period marked by the U.S. government’s 40-day shutdown, which stalled regulatory processes and fueled ex…

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