Bitcoin returns to 105K, CFTC actively promotes compliance crypto assets leverage products

The U.S. government continues to be in a shutdown, with the consumer confidence index nearing historic lows, and the Nasdaq index closed lower on Friday, impacted by further declines in artificial intelligence stocks. The overall market capitalization of Crypto Assets rose by 2.16% to $3.52 trillion, Bitcoin (BTC) regained 105K, and Ether (ETH) increased by 5.49% over the past 24 hours. The U.S. Spot Bitcoin ETF saw a net outflow of $558 million last Friday, the largest single-day outflow since August 1, but the acting chair of the Commodity Futures Trading Commission (CFTC), Caroline Pham, confirmed over the weekend that they are actively promoting retail Spot Crypto Assets products on Designated Contract Markets (DCMs), which has sparked a slight sense of optimism in the market.

The U.S. government continues to shut down, and the consumer confidence index is nearing historical lows.

The Nasdaq index fell further due to the decline in artificial intelligence stocks, with the stock market closing lower on Friday as new economic data intensified investors' concerns about an economic slowdown.

During the economic standstill, investor concerns about the strength of the U.S. economy have intensified. A survey released by the University of Michigan on Friday showed that the consumer confidence index is nearing its historical low. Just a day earlier, market research firm Challenger, Gray & Christmas reported that the number of layoff announcements in October reached its highest monthly level in 22 years.

Senate Minority Leader Chuck Schumer ( New York Democrat ) proposed a new plan to Republicans aimed at ending the unprecedented U.S. government shutdown. Under the plan, the federal government would receive short-term funding for day-to-day operations in exchange for a one-year extension of the Affordable Care Act tax credit policy. The Senate is expected to vote on the temporary funding bill passed by the House on Friday. The longest federal funding interruption in history has posed a threat to economic activity, including flight disruptions caused by a shortage of air traffic controllers.

Bitcoin returns to 105K, CFTC actively promotes compliant Crypto Assets leveraged products.

The overall market capitalization of crypto assets rose by 2.16% to $3.52 trillion, Bitcoin returned to 105K, and Ether increased by 5.49% in the last 24 hours. However, the Fear and Greed Index remains low at 24, indicating that the market still holds a cautious attitude towards the rebound.

The U.S. Spot Bitcoin ETF saw a net outflow of $558 million last Friday, marking the largest single-day outflow since August 1, and it is also the seventh consecutive day of net outflows over the past eight trading days. The Ethereum ETF experienced a slight net outflow of $46.62 million, while the SOL ETF continued its streak of nine consecutive days of net inflows, recording a fund inflow of $12.69 million on Friday.

The Commodity Futures Trading Commission (CFTC) Acting Chair Caroline Pham confirmed that it is actively promoting retail spot crypto asset products on Designated Contract Markets (DCMs), with a potential launch as early as December 2025, generating some optimism in the market.

(CFTC confirms: compliant exchanges are expected to launch crypto assets leveraged products in December )

This article Bitcoin returns to 105K, CFTC actively promotes compliant Crypto Assets leveraged products first appeared in Chain News ABMedia.