{"id":5427,"date":"2025-11-11T23:20:12","date_gmt":"2025-11-11T23:20:12","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/11\/11\/bitcoin-price-falls-to-103000-as-government-starts-to-reopen-trump-weighs-tariff-checks\/"},"modified":"2025-11-11T23:20:12","modified_gmt":"2025-11-11T23:20:12","slug":"bitcoin-price-falls-to-103000-as-government-starts-to-reopen-trump-weighs-tariff-checks","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/11\/11\/bitcoin-price-falls-to-103000-as-government-starts-to-reopen-trump-weighs-tariff-checks\/","title":{"rendered":"Bitcoin Price Falls to $103,000 As Government Starts to Reopen, Trump Weighs Tariff Checks"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-slumps-to-103000-2\">Bitcoin Price Falls to $103,000 As Government Starts to Reopen, Trump Weighs Tariff Checks<\/a><\/p>\n<div><\/div>\n<p>Bitcoin price traded below $104,000 today after briefly reclaiming $106,000 to start the week, as traders weighed a mix of macro tailwinds and technical headwinds \u2014 including President Donald Trump\u2019s <a href=\"https:\/\/bitcoinmagazine.com\/markets\/trump-floats-2000-checks-for-americans\">plan to send<\/a> Americans $2,000 \u201ctariff dividend\u201d checks.<\/p>\n<p>The policy, announced Sunday on Truth Social, would pay most Americans a cash rebate funded by record tariff revenues.\u00a0<\/p>\n<p>The president said the program would return \u201ctrillions of dollars\u201d collected from trade tariffs and eventually help pay down the nation\u2019s $37 trillion debt. Markets, however, are viewing it as a fresh liquidity injection \u2014 a kind of 2025 reboot of the 2020-era stimulus that helped ignite Bitcoin\u2019s last bull run.<\/p>\n<p>Crypto traders immediately began drawing parallels. \u201cRate cuts, record highs, AI, and stimulus checks \u2014 buckle up,\u201d <a href=\"https:\/\/www.forbes.com\/sites\/digital-assets\/2025\/11\/09\/buckle-up-crypto-is-suddenly-braced-for-a-trump-stimulus-check-shock-as-the-bitcoin-price-climbs\/\" target=\"_blank\">analysts<\/a> at <em>The Kobeissi Letter<\/em> wrote on X, while several Bitcoin commentators joked that the \u201cfree Bitcoin\u201d era had returned.<\/p>\n<p>At the time of writing, Bitcoin price is at $103, 459.<\/p>\n<p>In the meantime, Senate Democrats <a href=\"https:\/\/www.cnn.com\/2025\/11\/10\/politics\/senate-vote-government-shutdown-funding\" target=\"_blank\">joined<\/a> Republicans to approve a funding measure to reopen the federal government, despite not securing an extension of enhanced Affordable Care Act subsidies, with the 60-40 vote now headed to the House for likely passage.\u00a0<\/p>\n<p>The deal, expected to be signed by President Trump, would end a 41-day shutdown, restoring federal services and pay for workers, but has sparked intra-party debate among Democrats.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin price technical structure<\/h2>\n<p>The timing comes as Bitcoin price\u2019s <a href=\"https:\/\/bitcoinmagazine.com\/markets\/predicting-bitcoin-price-floor\">technical structure<\/a> remains finely balanced between recovery and resistance. The $99,000 level, reinforced by the 55-week exponential moving average, continues to serve as a strong support floor.\u00a0<\/p>\n<p>To the upside, Fibonacci resistance remains at $109,400, with a more substantial barrier near $111,000. A break above $116,000 could open the door to a renewed move toward $129,000 \u2014 the top of Bitcoin price\u2019s broadening wedge pattern.<\/p>\n<p>Institutional interest remains firm. Strategy, the largest corporate Bitcoin holder, <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-surges-past-106000\">disclosed<\/a> a $49.9 million purchase of 487 BTC last week, bringing its total stash to more than 641,000 coins worth roughly $47.5 billion.\u00a0<\/p>\n<p>Macro conditions are also lending support. Hopes of an end to the U.S. government shutdown have buoyed risk assets, with Nasdaq strength spilling into crypto markets.\u00a0<\/p>\n<p>Yet renewed dysfunction in Washington could weigh on sentiment and <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-1-million-valuation\">push Bitcoin back toward<\/a> lower supports at $96,000 or even $93,000 if volatility returns.<\/p>\n<p>Beneath the price action, <a href=\"https:\/\/blog.amberdata.io\/bitcoin-etfs-see-major-outflows-as-markets-cool\" target=\"_blank\">structural factors<\/a> in derivatives and ETF flows continue to shape Bitcoin price\u2019s trajectory. A widening futures premium typically draws coins off exchanges and tightens supply, while compressed basis and negative funding can unwind positions and pressure spot prices.<\/p>\n<p>For now, the basis hovers near 5\u20135.5% \u2014 enough to keep carry trades alive but sensitive to changes in collateral conditions or ETF outflows. After <a href=\"https:\/\/cryptoslate.com\/bitcoin-etfs-break-6-day-outflow-streak-with-240m-buy-what-it-means-for-liquidity\/\" target=\"_blank\">nearly<\/a> $1 billion exited Bitcoin ETFs in early November, traders are watching for another shift in direction that could flip hedging flows and influence spot liquidity.<\/p>\n<p>Despite short-term uncertainty, structural signals remain bullish. Rising production costs and a growing base of long-term holders suggest that the next bear market may be shallower than previous cycles.<\/p>\n<p>With just 5% of Bitcoin\u2019s total supply left to mine before the 2028 halving, scarcity is tightening at a time when macro liquidity may once again be expanding.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-slumps-to-103000-2\">Bitcoin Price Falls to $103,000 As Government Starts to Reopen, Trump Weighs Tariff Checks<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Bitcoin Price Falls to $103,000 As Government Starts to Reopen, Trump Weighs Tariff Checks Bitcoin price traded below $104,000 today after briefly reclaiming $106,000 to start the week, as traders weighed a mix of macro tailwinds and technical headwinds \u2014 including President Donald Trump\u2019s plan to send Americans $2,000 \u201ctariff dividend\u201d checks. The [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":5428,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5427","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5427"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5428"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}