Rewards Hub Bitcoin surged 4% to reach $106,000 on November 10, fueled by optimism over potential government stimulus and reduced fears of a government shutdown. The rally was supported by comments from President Trump and coincided with a rise in U.S. stock futures.
Privacy tokens and DeFi assets outperformed the broader market, with ZCash (ZEC) climbing 12.5% and DeFi lending protocols like Aave (AAVE) gaining 6.6%. The market's positive momentum was further bolstered by a bipartisan bill aimed at preventing a government shutdown.
Bitcoin Rises 4% Amid Stimulus Talks, Privacy Tokens and DeFi Outperform
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