Bitcoin Price Eyes Fresh Rally as U.S Government Reopening Sparks Risk-On Mood

Bitcoin price is currently trading above $105k after a week of consolidation. The cryptocurrency market shows signs of recovery, with key players like Ethereum, XRP, and Dogecoin also working to bounce back. The U.S. government is going to be reopened, and this is creating a risk-on mood. This may cause some volatility in the short run for Bitcoin, particularly with the release of some major economic data in the near future. Participants in the market are keen on possible bullish tendencies.