The crypto market is on fire today. Total market value jumped almost 5% to over $3.58 trillion in just 24 hours. broke $106,000, passed $3,600, and 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.
EXPLORE: Top 20 Crypto to Buy in 2025
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.
Which altcoins could be worth watching? Zcash and Monero are riding the privacy-meta momentum with huge daily gains, while (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’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.


