PANews reported on November 6th that, according to Jinshi, Deutsche Bank analysts pointed out that Bitcoin recently stabilized after falling below $100,000 for the first time since June, due to an overnight rebound in US stocks and improved risk appetite. They stated that the main driving factors were better-than-expected economic data and increased speculation that the US government shutdown might be nearing its end. This boosted investor optimism about the short-term outlook, and risk assets as a whole performed well, including Bitcoin. The ADP US private employment report and the ISM services purchasing managers' index released on Wednesday also both exceeded expectations.PANews reported on November 6th that, according to Jinshi, Deutsche Bank analysts pointed out that Bitcoin recently stabilized after falling below $100,000 for the first time since June, due to an overnight rebound in US stocks and improved risk appetite. They stated that the main driving factors were better-than-expected economic data and increased speculation that the US government shutdown might be nearing its end. This boosted investor optimism about the short-term outlook, and risk assets as a whole performed well, including Bitcoin. The ADP US private employment report and the ISM services purchasing managers' index released on Wednesday also both exceeded expectations.