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Crypto Rallies as Washington Strikes a Deal: Bitcoin Jumps Back Above $106K
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Key Takeaways
- BTC rallied 4.25%, reclaiming the $106K threshold after a volatile week of consolidation.
- ETH jumped 5.7% to $3,600, supported by strong network fundamentals. SOL climbed 5.2%, maintaining momentum from consistent ETF inflows.
- Total crypto market cap rose 4.1% to $3.57 trillion, marking the largest single-day increase since early October.
- U.S. Senate reached a bipartisan deal to end the seven-week federal government shutdown; reopening expected within days.
- Stimulus optimism grows as the White House finalizes the $2,000 “tariff dividend,” fueling risk-on sentiment.
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