Bitcoin rises to $105,000 as deal to reopen the government moves through Congress: CNBC Crypto World
Bitcoin (BTC-USD) climbed along with altcoins Ripple (XRP-USD) and Solana (SOL-USD) as investors went risk-on amid expectations of continued fiscal spending following progress toward ending the government shutdown.
President Trump's suggestion of a "dividend of at least $2,000" per person stemming from tariff revenue also buoyed growth sentiment as tech stocks led the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) higher.
Bitcoin jumped more than 1% to move above $105,000 after hitting a six-month low last week of just under $100,000. Strategists have noted that government spending, once Washington reopens, should support crypto prices as increased liquidity enters the market. Ripple and Solana rose 10% and 3%, respectively. $JCT $BOB $BTC #USGovShutdownEnd? #BinanceHODLerALLO #StrategyBTCPurchase #FOMCWatch #StrategyBTCPurchase #Binanceholdermmt {alpha}(560x51363f073b1e4920fda7aa9e9d84ba97ede1560e)
Pi network has steadily acquired users with its simple-to-mine interface through its mobile application. After hitting an all-time high value of $2.99, the Pi coin has been trading sideways for the past few days. Under the current market conditions, it is facing extreme price fluctuations. The Pi community has started to wonder about the next price action of the Pi token.
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