Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.
The government is on the brink of reopening and we are running back stimmy season.
After weeks of policy gridlock and fear-driven selling, Bitcoin ripped back above $106,000 and altcoins followed suit.
The rally came as Washington signaled progress on reopening the government, and President Trump floated $2,000 “tariff dividend” checks to offset consumer costs from his trade plan.
Bitcoin rose over 6% in 24 hours, briefly touching $107K, while ETH reclaimed $3,600 and SOL jumped 10%.
The move tracked a rebound in equities and metals, as traders reacted to two parallel developments:
Together, those headlines flipped risk sentiment overnight.
🗣️ What They’re Saying
“Markets were waiting for Washington to blink. The moment fiscal headlines turned positive, crypto snapped back.” – QCP Capital
The four-year cycle believers are running out of time to be right.
This package of news from Washington sent Bitcoin back into the range and well above $100k (and the rest of crypto with it).
The weekly was saved.
Now, there are several more bullish catalysts ahead than bearish ones.
The government is reopening. Stimulus checks (or tax rebates) are coming. Interest rates will drop in 2026.
And all of that is on top of the progress made in 2025 with crypto opening for business in the US, the ETF boom, Tradfi’s embrace and crypto coming to 401k’s soon.
The primary bear case is — Bitcoin historically goes down after 4 years.
Bulls are back in control — and bears are officially on notice…
Here’s a rundown of major token, protocol and airdrop news from the day:
Here is the list of other notable headlines from the day in NFTs:
