Bitcoin Nears $106K on U.S. Stimulus Optimism

Bitcoin rallied toward a key resistance zone above $106,000 after three major catalysts boosted crypto markets. First, President Trump’s promise of a $2,000 tariff dividend stoked stimulus optimism among traders. Second, the U.S. Senate advanced a funding measure to end the federal shutdown, restoring confidence in economic data flow. Third, easing banking sector stress and a stalled dollar index improved financial conditions. These factors could help bitcoin break past the $106,000–$107,000 zone and revive demand for U.S.-listed spot ETFs, which saw $2.8 billion in outflows over four weeks. In altcoins, XRP gained attention as five spot ETFs tied to the token appeared on DTCC lists, while privacy coin ZEC rebounded from $500 to $630. Acting CFTC Chair Caroline Pham also indicated that leveraged spot crypto products could launch next month, adding fresh liquidity. Traditional markets opened higher, with S&P 500 futures up 0.5%, underscoring a broader risk-on mood. Traders will watch whether bitcoin overcomes resistance or faces a deeper sell-off below $100,000.