Crypto markets are experiencing a tentative recovery after last week’s broad financial market decline, though analysts caution the rebound may be short-lived as significant macroeconomic risks persist.
The recent bounce followed a Senate vote last Sunday advancing a bill to reopen the U.S. government, sparking synchronized gains across crypto, gold, and equities.
Market sentiment reflects this optimism, with users of prediction market Myriad, owned by Decrypt’s parent company Dastan, assigning a 96% chance to the shutdown ending before November 15.
However, this development is a “short-term reprieve that avoids holiday disruptions,” analysts at Singapore-based trading desk QCP Capital wrote in a Wednesday note. They described it as a…
Nov 12 2025
