U.S. Government Reopens After 40-Day Shutdown — Bitcoin Surges Past $106K Today!

Bitcoin (BTC)

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  • Senate passes bill; House vote expected today, ending 40-day government shutdown.
  • Bitcoin jumps past $106K; Ethereum and XRP also see gains.
  • Reopening restores SEC funding, clearing the path for crypto regulatory decisions.

After 40 days of political gridlock, the U.S. Senate has approved an amended appropriations bill, paving the way to reopen the federal Government. The historic Shutdown, the longest in American history, had stalled parts of the economy and delayed regulatory actions. The bill now heads to the House for a final vote, expected within hours, which could see federal operations resume as early as tomorrow.

Bitcoin Surges on Reopening News

News of the Senate’s approval sent shockwaves through the crypto market. Bitcoin jumped past $106,000, its highest in nearly a week. Ethereum also climbed, while XRP rose more than 2%. Analysts note that government reopenings often trigger bullish sentiment in risk assets, including cryptocurrencies.

“This pattern is familiar,” said one market strategist. “When Washington returns to work, investors regain confidence, and risk appetite increases.” Bitcoin’s stronghold above the $100,000 support level is being interpreted as a positive signal for further gains.

Implications for Crypto Regulation

The government reopening restores funding for crucial agencies such as the Securities and Exchange Commission (SEC), which oversees crypto regulations. Pending decisions on Bitcoin ETFs and other digital assets could move forward more smoothly. The resumption of normal federal operations is expected to reduce market uncertainty and provide a clearer regulatory path, which could benefit both institutional and retail investors.

Also Read: Bitcoin and Solana ETFs Surge as U.S. Treasury Approves Crypto Staking

Market Outlook

While the shutdown caused risk aversion across global markets, the reopening could reverse that trend. The Federal Reserve’s recent cautious tone on interest rate hikes further adds to optimism. Investors are now closely watching crypto and equities alike, with expectations for renewed activity in high-risk markets.

As Washington gets back to work, market watchers see an opportunity for digital assets to regain momentum. For traders and investors, the key will be monitoring regulatory updates and market sentiment over the coming days.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.