The cryptocurrency market experienced a significant rebound on November 10, 2025, with its total market capitalization surging by nearly 5% to over $3.58 trillion. This rally was largely attributed to growing optimism that a resolution to the prolonged U.S. government shutdown was imminent, which eased tensions across financial markets. Major cryptocurrencies saw substantial gains, with Bitcoin climbing back above the $105,000 level and Ethereum rising over 7%. The positive sentiment led to a notable increase in trading volumes across the sector. While no specific market reaction for Coinbase (COIN) stock was detailed in the reports, such a strong, market-wide recovery provides a positive tailwind for cryptocurrency exchanges by boosting investor confidence and transaction activity.
Crypto Market Rallies on Government Shutdown Resolution Hopes, Boosting Sector
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