Bitcoin News

Story: Bitcoin Rebounds to $106K on Shutdown Hopes and Trump Dividend

By Maheen Hernandez

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Bitcoin Bounces Back After Sharp Decline. Bitcoin’s price faced heavy pressure earlier in the week, briefly dipping below the $100,000 mark…

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AI Stock Sell-Off Triggers Market-Wide Correction. The midweek slump originated in the stock market after reports emerged that investor Michael…

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365-Day Moving Average Holds as Critical Support. Despite the sharp correction, Bitcoin managed to hold its 365-day moving average (MA) — a key…

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Shutdown Resolution Fuels Market Optimism. The ongoing U.S. government shutdown, which has furloughed over 750,000 federal employees and…

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Trump’s $2,000 Dividend Proposal Adds Momentum. Adding to the positive sentiment, President Donald Trump took to social media to propose a “tariff…

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What’s Next for Bitcoin and Global Markets. Looking ahead, all eyes are on Congress, where lawmakers are set to vote on the proposed shutdown…

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Bitcoin has regained momentum after a volatile start to the week, surging back above $106,000 amid renewed optimism over a possible resolution to the U.S. government shutdown.

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According to market data, the rebound was largely driven by expectations that U.S. lawmakers were close to ending the prolonged shutdown that has disrupted government spending…

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The midweek slump originated in the stock market after reports emerged that investor Michael Burry, famous for his “Big Short” bet in 2008, had taken a $1.

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While the AI sell-off was unrelated to Bitcoin’s fundamentals, the broader risk aversion led to an accelerated pullback in digital assets.

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Despite the sharp correction, Bitcoin managed to hold its 365-day moving average (MA) — a key long-term support indicator closely watched by traders.

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This technical strength mirrors previous recoveries during major crises, including the April 2025 tariff dispute and the August 2024 yen carry-trade unwind, both of which saw…

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Ethereum (ETH) followed a similar trajectory, recovering from a midweek low of $3,100 to finish above $3,600 by Sunday, although still down around 6.5% for the week.

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The ongoing U.S. government shutdown, which has furloughed over 750,000 federal employees and disrupted essential services, has been a major source of market tension.

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Economist Raoul Pal, founder of RealVision, noted that fiscal paralysis has worsened liquidity constraints, particularly for digital assets.

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