Overview
- The crypto market value recovered to roughly $3.6–$3.7 trillion as Bitcoin briefly traded above $106,000 and major altcoins logged gains.
- Senators advanced a funding bill that could end the 40‑day U.S. government shutdown, with traders watching for final passage to confirm the liquidity boost.
- Derivatives data showed $260 million to $345 million of mostly short positions were liquidated in the past day, accelerating the upswing.
- U.S. spot crypto ETFs recorded sizable outflows on Friday, with about $558 million pulled from Bitcoin funds and $47 million from Ethereum products, underscoring fragile spot support.
- Technicians flagged a near‑term pivot band, with Bitcoin reclaiming support around $104,000 and facing resistance near $108,000–$110,000, while analyst views diverge between a rebound toward $125,000–$135,000 and downside risk if key realized‑price levels fail.