Overview
- U.S. Senate leaders advanced a funding bill that could end the 40‑day government shutdown, lifting risk sentiment and pushing crypto prices higher.
- President Donald Trump floated a $2,000 per‑person tariff dividend in a Truth Social post, a proposal traders are treating as a potential liquidity boost though no legislation exists.
- Roughly $260 million to $360 million in crypto shorts were liquidated in 24 hours, helping propel Bitcoin near $106,000 and broad altcoin gains, with market value rising to about $3.6 trillion.
- Flows into U.S. spot crypto ETFs remain a headwind, with Friday outflows of about $558 million from Bitcoin funds and $47 million from Ether funds weighing on confidence.
- Liquidity gauges have eased as the SOFR‑EFFR spread and Fed repo usage normalized, yet technicians flag resistance near $107,000–$110,000 and the short‑term holder realized price around $111,900 as pivotal levels.