Crypto:
36635
Bitcoin:
$92.379
% 0.74
BTC Dominance:
%58.7
% 0.13
Market Cap:
$3.14 T
% 1.16
Fear & Greed:
28 / 100
Bitcoin:
$ 92.379
BTC Dominance:
% 58.7
Market Cap:
$3.14 T

Government Shutdown Nears Resolution as Bitcoin (BTC) Rebounds

bitcoin

As political efforts intensify to end the prolonged U.S. government shutdown, Bitcoin (BTC) has shown a notable recovery. Rising social-media attention and the cryptocurrency’s move back above the $105,000 mark have reinforced a more optimistic tone across the markets.

Senate Advances Funding Bill to End Shutdown

On Monday, the U.S. Senate approved a temporary funding bill designed to keep the federal government operational through the end of January. After nearly ten hours of negotiations, Republican lawmakers secured the 60 votes required for passage, with support also coming from eight Democratic senators.

If the measure is approved by the House of Representatives, it will be forwarded to President Donald Trump for final approval, ultimately bringing an end to the longest government shutdown in U.S. history. Throughout the shutdown, more than one million federal workers went without pay, and many agencies operated with significantly reduced staff, according to CNN.

Key regulatory bodies tied to the crypto industry, including the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC), also experienced limitations. In addition, the aviation sector suffered major disruptions, as unpaid air traffic controllers led to staffing shortages and widespread flight delays and cancellations across the country.

Bitcoin Reclaims the $106,000 Level

Growing expectations over the weekend that the shutdown could be resolved contributed to a sharp swing in Bitcoin’s price. After dropping to $99,300 on Friday, BTC rebounded by 6.7%, climbing back to around $105,000.

Blockchain analytics firm Santiment reported that mentions of Bitcoin have surged across social platforms in recent days, indicating renewed investor confidence and rising market sentiment. Analysts suggest that a move toward $150,000 by the end of the year remains achievable, highlighting Bitcoin’s strengthening role as a digital store of value.

Meanwhile, the ability of more than four million Square merchants to accept Bitcoin payments with zero fees marks a significant milestone in mainstream adoption and reflects the growing integration of crypto into everyday financial activity.

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