Crypto Morning News: Bitcoin Touches 102K as Shutdown Nears End, Gold Rallies on Fed Bets

Key Takeaways

The U.S. government shutdown is nearing its end after a 43-day standoff, with President Trump backing a funding deal to reopen agencies and restore federal operations.
Economists overwhelmingly expect a Federal Reserve rate cut in December, though policymakers remain divided as incomplete data clouds the outlook.
Gold and silver surged on renewed rate-cut bets and a weaker dollar, while oil tumbled over 3% after OPEC projected global supply will match demand in 2026.
Bitcoin rose above $102K alongside firmer Ethereum and Solana, reflecting improving sentiment as markets look toward policy clarity and a reopened U.S. economy.

Crypto Morning News: Geopolitics & Market Sentiment

On November 13, 2025, global markets showed a mixed tone as Wall Street split between new record highs on the Dow and weakness in tech shares.

Meanwhile, investors looked toward the end of the longest U.S. government shutdown in history, while falling oil prices and a surge in gold reflected the changing balance between risk appetite and caution.

On the diplomatic front, the House of Representatives advanced a funding bill to reopen the government after 43 days, with President Donald Trump’s support ensuring likely passage.

The move is expected to restart key economic agencies, restore pay to hundreds of thousands of workers, and reopen the air traffic system.

For investors, this development marked the removal of one of the biggest political overhangs on markets this quarter.

However, despite the expected benefits from the deal, the shutdown resolution carried broad political weight in Washington. Democrats opposed the bill over health subsidy issues, but Republicans maintained unity behind the President.

In Europe, UK Prime Minister Keir Starmer faced growing internal pressure as unemployment climbed and his approval ratings slid, even as the FTSE 100 reached record highs on expectations of near-term Bank of England rate cuts.

Meanwhile, Sterling hovered near multi-year lows against the euro, underscoring the country’s fragile fiscal outlook.

On the economic front, expectations for a Federal Reserve rate cut in December strengthened after private data showed slowing job growth and weak hiring trends.

Boston Fed President Susan Collins said she sees a “high bar” for further easing until inflation shows clearer progress, while Chair Jerome Powell cautioned that the central bank will “slow down in the fog” of incomplete data.

The shutdown has delayed several key reports, including October’s unemployment and CPI data, leaving policymakers to rely on private indicators.

Reacting to these signals, bond yields declined as traders priced in further policy easing, while gold extended gains.

Spot gold rose about 2% to $4,208, its highest in three weeks, as falling yields and the government reopening lifted sentiment. Silver surged over 4% to $53.58, nearing last month’s record.

Oil prices dropped sharply after OPEC projected global supply would match demand by 2026, reversing earlier deficit forecasts. Brent fell nearly 3.8% to $68.16, while WTI dropped over 4% to $58.14 as traders bet on balanced markets and softer U.S. consumption data.

In Asia, the Japanese yen weakened to a nine-month low against the dollar and a record low against the euro after new Prime Minister Sanae Takaichi said she preferred the Bank of Japan to “go slow” on rate hikes.

Meanwhile, the Australian dollar remained steady ahead of jobs data, with markets assigning low odds of any RBA policy change in December.

In Crypto, Bitcoin traded higher around $102,151, gaining 0.5% in 24 hours as sentiment improved alongside the government reopening. Ethereum rose 0.67% to $3,437, while Solana and Binance Coin also advanced modestly.

Meanwhile, BTC market dominance held near 60%, showing a balanced flow between Bitcoin and altcoins as traders await further macro clarity.