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Your weekly crypto digest is here: market shifts explained, top news unpacked, and one coin spotlighted for your radar.
After a turbulent start to the week, the crypto market regained momentum as news emerged that the U.S. government shutdown may be nearing an end.
📊 Market Summary
While still in the red, Bitcoin has rebounded since Sunday following positive news from the U.S. government. It’s currently trading at $106,292, down 1.2% for the week but up 4.17% in the last 24 hours (as of 10 November, 1:00 PM).
⭐ Coin of the Week: Zksync (ZK)
ZKsync is worth keeping an eye on this week after launching major upgrades aimed at improving Ethereum’s scalability. Vitalik Buterin also praised the project, highlighting its strong role in the Ethereum ecosystem and its “incorruptibility” powered by zero-knowledge proofs.
The ZK token surged over 100%, though it has since cooled off as traders booked profits. Even so, most technical indicators still show a Buy or Neutral-to-Buy signal on longer timeframes, with tools like BBP and AO suggesting buying pressure remains strong. As always, DYOR.
📰Top News of the Week
On Sunday, US Lawmakers voted 60–40 to move forward with a deal that could finally end the 40-day government shutdown, the longest one ever. The shutdown began on October 1 after Congress failed to approve the required funding to keep operations running.
The bill still needs to pass the House before heading to President Donald Trump’s desk for signature.
In addition, the crypto market is responding to renewed stimulus discussions in the U.S. Former President Donald Trump has suggested a $2,000 “tariff dividend” payout to Americans if the government shutdown comes to an end, which analysts say could bring fresh money into the market.
If this plan moves forward, it may increase investor confidence and drive more funds into digital assets, something analysts believe could trigger a strong move in crypto prices.
Although there’s still uncertainty around whether the proposal will be approved, the market remains cautiously optimistic and is closely watching U.S. political and economic updates.
📈 Mudrex Trading Signals
Our experts offer trade recommendations with clear entry points, take-profit targets, and stop-loss levels to help you make informed decisions in a fast-moving market.
From 31st October to 7th November, we posted 17 trading signals, with 9 trades reaching their profit targets, achieving a 60% win rate for the week. The weekly and average ROI also stood strong at +57.3% and +3.8%, respectively!
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🔎 Key Events to Watch
The crypto market’s tone this week is expected to be shaped less by macroeconomic releases — many of which are currently delayed — and more by emerging sector narratives. With traders searching for the next big rotation before year-end, attention is shifting toward three key themes: privacy coins, institutional adoption tokens, and enterprise-focused blockchains.
