Why Crypto Market Is Surging Today [Live] Updates On November 10,2025

More than $344.9 million in positions were liquidated in the past 24 hours as Bitcoin soars toward $107,000. According to the data, shorts lost $264.9 million while longs lost $79.9 million. Shorting $BTC alone caused a loss of approximately $117 million, while shorting $ETH caused a loss of $89.7 million. The sharp squeeze is once again showing bullish momentum as traders scramble to cover their positions amid Bitcoin’s rapid recovery.

According to QCP Capital, Bitcoin has recovered to $106,000 as risk sentiment increased after the US Senate moved to end the 40-day government shutdown. Despite continued selling by early holders and ETF outflows, overall market liquidity remains strong. QCP notes that although the bearish sentiment is easing, it expects BTC to remain range-bound and face key resistance near $118,000 in the near term.

president donald trump suggested $2,000 stimulus check was funded by fee incomealmost injected $600 billion Enter the US economy. As an outlook, Stimulus measures in the era of coronavirus in 2020 Total approx. $800 billion — The move that sparked one of the most explosive moves the bull runs across both Stocks and virtual currency. If approved, this new wave of liquidity will It will spark the next big market rally.

The U.S. Senate could take a test vote today on amendments to a spending bill to end the longest government shutdown in history, with action possible as early as Sunday afternoon. Global markets, including cryptocurrencies, are watching closely as the resolution could trigger new risk-on sentiment and rapid market movements. Traders are bracing for volatility as political and financial uncertainty collide again.

The cryptocurrency market is showing its first real signs of recovery after weeks of stagnation. Key catalysts include the lifting of the U.S. government shutdown, optimism over Trump’s proposed $2,000 stimulus checks, and a heavily oversold market finding relief. Although it is too early to confirm momentum will continue, traders see this pullback as the first spark of a potential shift in sentiment and a broader crypto resurgence.

Following President Donald Trump’s Truth Social post about the possibility of $2,000 “tariff stimulus checks,” hedge fund manager Scott Bessent suggested that the payments would not necessarily be in direct cash, but could take several forms. “The $2,000 dividend could come in a variety of ways,” Bessent said, noting it could also look like a tax break or even an exemption from taxes on tips. His comments underscored the flexible nature of Trump’s proposal as debate rages over its economic impact.

The crypto industry is evolving, and the days of waiting for a “stimulus check” to fuel the next bull market are over. As spot ETFs live on, the market structure has matured and there are fewer easy wins for casual investors. For many OGs, the ETF milestone was the final frontier. Perhaps all that remains is adoption by nation-states. Now, long-term belief and refinement are key. The next explosive wave will not be determined by blind speculation, but by profitable crypto-native businesses and new sectors yet to emerge.

Donald Trump has announced a proposal to give every non-high-income American $2,000 in cash, effectively a new stimulus package to boost a slowing economy. But critics say the policy could increase the U.S. budget deficit by $650 billion. This is the same policy that President Trump once accused President Biden of fueling inflation. The plan has reignited debate over whether another wave of stimulus could revive growth or risk triggering another spike in inflation.

At this time, it is not confirmed that $2,000 stimulus checks will be issued in 2025.
President Trump has hinted at the possibility of a $2,000 per person “tariff dividend” from tariff revenues, but no formal plan, schedule or bill has been announced. Treasury Secretary Scott Bessent also said the benefits could come through tax breaks or credits rather than direct payments. Until Congress or the Treasury Department formally approves the $2,000 checks, they are just a proposal and not a reality.

At this time, there is no official date for new stimulus checks. The IRS and U.S. Treasury Department have confirmed that no new federal stimulus payments have been approved or scheduled.

There are no genuine reports confirming the release of new IRS direct deposit stimulus checks. A similar rumor that the U.S. government would make payments to taxpayers in certain income brackets was false in August. The IRS and Treasury Department have not announced any new federal stimulus payments, and no such payments have been authorized or approved by Congress at this time.

DTCC has listed five spot XRP ETFs in the “active and pre-launch” category, suggesting they could be approved and launched as early as next week. Publishers include Bitwise, Franklin Templeton, 21Shares, Canary, and CoinShares. This is a historic moment for XRP, unleashing massive inflows from institutional investors and potentially putting XRP in the spotlight alongside Bitcoin and Ethereum ETF products.

The last time the U.S. implemented a massive economic stimulus package during the coronavirus era, cryptocurrencies exploded, with Bitcoin soaring nearly 1,000%, Ethereum 3,000%, and meme coins like DOGE and SHIB reaching tens of billions of dollars in market cap. Now, with interest rate cuts on the horizon, QT ending and QE potentially returning, history may repeat itself. Instead of fearing the market, now is the time to accumulate high-quality altcoins, as a new wave of liquidity could spark another parabolic crypto rally.

As Basel III Endgame takes effect on January 1, 2026, banks around the world will face stricter capital controls, but Ripple Trust Bank stands out. It operates under a US Trust Bank charter and focuses on de-loaning and digital asset storage and settlement. The company’s U.S. Treasury-backed RLUSD stablecoin, which is integrated with the Federal Reserve’s RTGS system and the XRP Ledger, meets Basel III liquidity standards, positioning Ripple Trust Bank as a low-risk bridge between traditional finance and blockchain.

Stablecoin market capitalization is starting to decline after months of steady growth, suggesting that liquidity in cryptocurrencies may cool. Analysts often view stablecoin trends as a leading indicator of capital inflows and outflows across digital assets. The recent decline is being watched closely by development traders, as it suggests new money flowing into the market may be slowing, and could signal a decline in purchasing power or a near-term decline in risky assets such as Bitcoin and Ethereum.

The US government is reportedly preparing a massive $500 billion market injection, marking the first major liquidity increase since 2021. At the time, a similar move sparked an explosive 10,000% cryptocurrency rally in just a few weeks. Traders are calling this a “giga bull” as Bitcoin skyrockets parabolically in the initial reaction. With new liquidity on the horizon and market sentiment rapidly turning bullish, investors are bracing for another historic crypto breakout.

Bitcoin is testing a historical support level near $99,200 called the “Golden Line.” This price range hasn’t lost since the 2023 bull market began. Analyst Dr. Profit warns that a close below this level could signal a major shift from bullish to bearish territory. Despite the temporary pullback, he expects Bitcoin to fall amid rising leverage and market manipulation. His strategy remains entirely in USDT, with a short position starting at $119,000 and plans to add nearly $117,000 ahead of this week’s key CPI and PPI data.

Markets are bracing for another volatile week as major macro events unfold. On Monday, traders will react to President Trump’s proposed $2,000 “tariff dividend” and the U.S. government shutdown, now in its 41st day. On Tuesday, the NFIB Small Business Index will be released, and on Wednesday, OPEC’s monthly report will be released. Thursday will focus on the federal budget balance, with nine Fed officials scheduled to speak throughout the week, potentially shaping market sentiment and stimulating volatility in stocks, bonds and cryptocurrencies.

Robert Kiyosaki, author of Rich Dad, Poor Dad, says: buy instead of sell before what he calls an inevitable market crash. Kiyosaki has set bold goals for gold to reach $27,000, Bitcoin to $250,000, silver to $100, and Ethereum to $60,000 by 2026. Citing lessons learned from Gresham’s Law and Metcalfe’s Law, he accused the U.S. Treasury and the Federal Reserve of “printing fake money” and making savers the “biggest losers.” Despite warnings of an impending crash, Kiyosaki remains confident. “Immense riches await.”