CoinTR Logo
CoinTR
  1. News
  2. Crypto News
  3. Bitcoin Surges 6.7% to $106K as US Shutdown Resolution Looms

Bitcoin Surges 6.7% to $106K as US Shutdown Resolution Looms

Bitcoin jumps 6.7% to $106K as US shutdown nears resolution. Full market analysis inside.

Bitcoin Surges 6.7% to $106K as US Shutdown Resolution Looms
service

Bitcoin Hits $106K in 2025: Government Shutdown Fuels Crypto Rally

Bitcoin (BTC) has returned to the spotlight as the US government shutdown shows signs of ending. The Senate passed a funding bill on Monday, resolving weeks of political deadlock. After nearly 10 hours of negotiations, Republicans, with support from eight Democrats, secured the 60 votes needed to approve the measure.

The bill aims to cover government expenses through the end of January next year. Republican Senator Markwayne Mullin noted on X (formerly Twitter), “Once the bill passes the House, it will go to the president for approval. Hopefully, we reopen by Wednesday.”

If approved by the House, the legislation will be sent to President Donald Trump, potentially ending the longest government shutdown in US history.

Bitcoin Surges 6.7% to $106K as US Shutdown Resolution Looms

Economic Impact of the Shutdown

The shutdown left over 1 million federal employees unpaid, according to CNN, affecting both the public and private sectors. Regulatory bodies overseeing crypto, such as the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC), were operating with minimal staff.

CoinTR

The aviation sector also faced disruptions. Unpaid air traffic controllers contributed to flight cancellations and delaysnationwide. Analysts point out that this labor shortage has created operational bottlenecks at major airports.

Bitcoin Rises 6.7%

Market optimism about the government reopening has coincided with a rapid Bitcoin rebound. According to CoinGecko, BTC rose from $99,300 on Friday to around $106,000, representing a 6.7% increase.

Blockchain analytics platform Santiment reported that “$BTC” has been the most discussed cryptocurrency on social media in recent days. The platform noted:
“$BTC is trending due to its recent price surge past $106K and optimism around the US government shutdown resolution.”

The post also mentioned analyst projections of $150K by year-end, emphasizing that Bitcoin’s market role depends on broader investor sentiment.

Other Cryptocurrencies Also Gain Attention

Bitcoin’s recovery has coincided with increased interest in other top crypto assets. The next four trending coins include Starknet (STRK)Uniswap (UNI)Monero (XMR), and XRP.

CoinGecko data shows UNI at $8.26XMR at $376.73, and XRP at $2.45. Price movements in these assets are supported by technological updates and new partnership announcements.

Experts suggest that this market momentum is directly linked to reduced political uncertainty. The return of full staffing at regulatory agencies could provide further stability for the crypto sector.

As the US government shutdown nears resolution, Bitcoin has regained attention as a digital store of value. The reopening may improve market liquidity and accelerate regulatory processes.

In the short term, cryptocurrency prices remain sensitive to political developments, while medium-term focus may shift toward macroeconomic stability and adoption trends.

Bitcoin Surges 6.7% to $106K as US Shutdown Resolution Looms

Bitcoin Surges 6.7% to $106K as US Shutdown Resolution Looms
Comment

Your email address will not be published. Required fields are marked *

Login

To enjoy Crypto Data Space privileges, log in or create an account now, and it's completely free!