Crypto Shares Rise Before the Bell, But the Rally Comes With a Twist

Bitcoin Reclaims $106K as Crypto Stocks Surge; CME Gap Points to Short-Term Risk

November 10, 2025 — Bitcoin climbed past $106,000 on Monday, kicking off the week with renewed strength and reclaiming its 365-day moving average near $102,444 — a key technical support that has guided the current market cycle.

Despite recent patterns showing negative Monday returns, according to Velo data, the world’s largest cryptocurrency opened in the green, helping to lift sentiment across digital assets.

Still, traders are keeping an eye on a CME futures gap around $104,170, created over the weekend. These gaps, where Bitcoin futures open higher or lower than their previous close, often get “filled,” suggesting a potential short-term correction even as broader momentum remains bullish.

Optimism in risk assets is also being supported by expectations that the U.S. government shutdown could soon be resolved, easing market uncertainty.

Crypto-related equities rallied alongside Bitcoin in pre-market trading. Galaxy Digital (GLXY) advanced 5% to $33, IREN (IREN) jumped 7% to $66, and Cipher Mining (CIFR) rose 5% to $21.

Meanwhile, Bitcoin treasury stocks extended gains. MicroStrategy (MSTR) added 3% pre-market to $248, while Japan-based Metaplanet (3350) ended Monday’s session 3% higher at ¥427.

Outside crypto, gold gained 2% to $4,079, silver climbed 3.3% to near $50, and the U.S. dollar index (DXY) held close to 100. Ten-year Treasury yields edged back above 4.1%, reflecting a cautiously improving risk outlook.