[LIVE] Crypto News Today, November 10 – Why Is Crypto Up Today? Trump Stimulus Checks Push BTC Above $106K, XRP Price +8%: Best Crypto to Buy Now?
The crypto market is on fire today. Total market value jumped almost 5% to over $3.58 trillion in just 24 hours.
Bitcoin
3.92%
Bitcoin
BTC
Price
$106,003.16
3.92% /24h
Volume in 24h
$51.42B
Price 7d
broke $106,000,
Ethereum
7.03%
Ethereum
ETH
Price
$3,595.22
7.03% /24h
Volume in 24h
$32.97B
Price 7d
passed $3,600, and
XRP
8.41%
XRP
XRP
Price
$2.48
8.41% /24h
Volume in 24h
$4.34B
Price 7d
gained more than 8%. The main reason? President Trump promised $2,000 cash payments to most Americans, paid from tariff money. Many people remember how Covid stimulus checks sent crypto prices crazy, and traders believe this new money will do the same. Time to look for the best crypto to buy?
That hope pushed Bitcoin up 4.14% to $106,170. Another big boost came when the Senate moved forward with a bill to end the long government shutdown. Less political drama means the SEC can work normally again and approve crypto ETFs faster. Everyone feels safer to buy.
On X in the past 24 hours, almost every post is super positive. People are calling the $2,000 payment “free money for Bitcoin.” Some quick math shows the plan could cost $300–600 billion. Even if only a small part goes into crypto, prices could explode. Institutional money is also coming back strong, with $170 billion flowing into Bitcoin and Ethereum ETFs.
Charts look good too: the whole market broke above important moving averages and left the oversold zone.
the last time we had a massive stimulus of this nature from the United States government was in 2020, during COVID
shortly after, crypto had an aggressive and sustained melt-up that resulted in new ATHs for $BTC, $ETH, and other majors at the time
– BTC went parabolic and… https://t.co/iKnPLvUijY pic.twitter.com/4YMqfUG9Be
— Unipcs (aka ‘Bonk Guy’)
(@theunipcs) November 9, 2025
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Bitcoin is back above $106K thanks to Trump’s cash idea and the shutdown fix (House vote expected November 12). Altcoins are doing even better, which usually happens when Bitcoin stabilizes.
- XRP $2.48 (+8.62%) – strong because of new ETF rumors and faster global payments.
Zcash
12.75%
Zcash
ZEC
Price
$662.61
12.75% /24h
Volume in 24h
$2.71B
Price 7d
$664.54 (+15.46%) – biggest winner, people want more privacy coins right now.
- Ethereum $3,600 (+5.46%) – ETFs keep growing, already $20.35 billion in assets.
- Solana $166.95 (+4.92%) and
Chainlink
7.10%
Chainlink
LINK
Price
$16.27
7.10% /24h
Volume in 24h
$728.94M
Price 7d
$16.32 (+6.61%) – both show great chart strength.
Which altcoins could be worth watching? Zcash and Monero are riding the privacy-meta momentum with huge daily gains, while
Hyperliquid
5.62%
Hyperliquid
HYPE8
Price
$42.53
5.62% /24h
Volume in 24h
$296.86M
Price 7d
(up 6.03%) continues to show strong performance even in a highly volatile market.
With possible hundreds of billions in fresh stimulus money coming, the market looks ready for more gains. Just stay careful – traders are still adding leverage slowly. If Bitcoin holds $106K, the next stop could be $110K or higher.
Japan Plans New Registration Rules for Crypto Custody and Trading Services
Japan’s Financial Services Agency (FSA) is preparing new regulations that would require digital asset custodians and trading management service providers to register with authorities before working with crypto exchanges, according to a report by The Block citing Nikkei.
Currently, only exchanges are required to manage user deposits securely, typically through cold wallets, while third-party custodians operate without comparable oversight. The proposed framework aims to close these regulatory gaps and prevent incidents like the 2024 DMM Bitcoin hack, which resulted in the loss of around ¥48.2 billion ($312 million) due to a breach linked to software firm Ginco.
Most members of the FSA’s working group reportedly support the plan, which could lead to amendments to the Financial Instruments and Exchange Act in 2026. Meanwhile, the FSA is also expanding its stablecoin initiatives, approving the yen-pegged JPYC and backing a pilot with Japan’s three largest banks.
The post [LIVE] Crypto News Today, November 10 – Why Is Crypto Up Today? Trump Stimulus Checks Push BTC Above $106K, XRP Price +8%: Best Crypto to Buy Now? appeared first on 99Bitcoins.
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