Bitcoin Rises 2.9% to $92.67K as US Shutdown End Sparks Risk-On Rally

Published at 2025-11-20 06:00:48

Bitcoin climbed 2.9% to $92,670.71 on Wednesday after lawmakers reached a deal to avert a US government shutdown, triggering a renewed risk-on mood across global markets. The price surge reflected easing political uncertainty and short-term inflows into risk assets, with BTC leading gains during the session as traders reacted to the macro relief.

Despite the uptick, technicals remain cautious: BTC is still trading below several key moving averages, indicating resistance ahead and a mixed trend. Market participants will be watching volume, institutional flows and whether follow-through buying can clear those averages; a sustained break higher could extend the rally, while failure to hold gains would likely prompt consolidation until clearer macro signals emerge.

BitcoinMarketsMacroTechnicalsRisk-On

Share on:

Miami-based Defiance ETFs announced Thursday it will close its Ethereum ETF after just four months on the market. The abrupt decision underscores mounting pressure in the competitive spot-ETH ETF landscape.

ETFCryptoMarketsEthereumDefiance

Published at 2026-01-17 18:15:09

Fed to Inject $55B in T-Bill Purchases, Boosting Crypto Market Optimism

The Federal Reserve will buy $55 billion in Treasury bills as it resumes expanding its balance sheet, fueling hopes that added liquidity could support a crypto market rally. Traders and analysts say the move may ease financial conditions and lift risk assets, including Bitcoin and Ethereum.

CryptoMarketsTreasury BillsFedLiquidity

Published at 2026-01-17 17:15:05

Texas, New Hampshire Lead U.S. Race to Put Bitcoin on State Balance Sheets

Texas and New Hampshire are among a growing number of U.S. states moving to add Bitcoin (BTC) to their balance sheets as Congress advances a federal crypto market structure bill. The actions signal rising state-level appetite for digital-asset exposure and could shape wider treasury practices.

BTCRegulationBitcoinStateFinanceUnitedStates

Published at 2026-01-17 15:45:05

Samson Mow Says 10x Bitcoin Target Is 'Conservative'

Jan3 CEO Samson Mow reiterated his strong long-term bullishness on Bitcoin, arguing that a 10x price target may be conservative and reigniting debate across the crypto community. His comments have drawn attention from traders, analysts, and investors weighing upside expectations against market risks.

BitcoinPrice TargetsBTCMarket SentimentSamson MowJan3

Published at 2026-01-17 09:30:09

White House May Pull Support for Crypto Bill After Coinbase Rift

The White House has warned it may withdraw backing for a proposed crypto market bill after Coinbase said it does not support the legislation’s current approach. The dispute widens a split between regulators and major industry players and could reshape the bill’s future.