Bitcoin Surges on Shutdown Hope

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Recorded10 Nov 2025

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On November tenth, Bitcoin surged over four percent, reaching an intraday high of one hundred six thousand, four hundred ninety-one dollars, as the total crypto market capitalization increased by nearly five percent to three point six eight trillion dollars. This positive movement is attributed to growing speculation that the prolonged US government shutdown might be nearing its end, with a key Senate vote on Sunday boosting investor confidence. Analysts like Ryan Lee from Bitget believe that resolving the shutdown would restore short-term risk appetite across all markets, potentially extending Bitcoins recent upward trend. Prediction markets also show strong confidence in the shutdown ending soon, with a ninety-one percent chance on Myriad that it would conclude by November fifteenth. Experts are watching for a confirmed resolution to ensure the rallys sustainability, with some analysts predicting Bitcoin could retest the one hundred twenty thousand to one hundred fifty thousand dollar range by the end of the year, assuming favorable economic conditions continue.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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