The U.S. Senate passed a bill on Monday to end the longest government shutdown in the nation‘s history, which has now lasted more than 40 days. At the same time, Bitcoin has been trending again, with the price rising 6.7% to over $106,000.

Political breakthrough in the United States

After weeks of gridlock, progress is finally being made in Washington. The Senate voted Monday to approve a temporary funding plan covering government expenses until the end of January next year. The bill received enough support — 60 votes in total, including eight from Democratic senators — to move forward. Republican Senator Markwayne Mullin expressed hope that the government could be fully operational again by Wednesday, November 12. Once the House of Representatives passes the measure, it will head to President Donald Trump for final approval.

The prolonged shutdown has had major consequences: more than 1 million federal employees have gone unpaid, while key agencies such as the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have been operating with minimal staff. The aviation sector was also affected, with staff shortages causing delays and flight cancellations across the country.

Bitcoin price rebounds above $106,000

As optimism about a political resolution grew, the crypto market reacted positively. The Bitcoin price (BTC) bounced back strongly after dropping to around $99,300 on Friday, rising 6.7% over the weekend to around $106,000, according to CoinGecko data. According to blockchain analytics platform Santiment, Bitcoin has been the most discussed cryptocurrency on social media in recent days. The combination of a political breakthrough and rising prices has reignited optimism among investors. “$BTC is trending due to its price surge above $106K, optimism around the end of the government shutdown, and growing bullish sentiment,” Santiment reported. Some analysts even predict that Bitcoin could reach $150,000 by the end of the year, supported by increasing adoption as a digital store of value.

Other cryptocurrencies also gaining attention

Beyond Bitcoin, several other projects have gained traction on social media. The most talked-about assets currently include Starknet (STRK), Uniswap (UNI), Monero (XMR), and XRP, all benefiting from recent technological developments, price increases, or new partnerships.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.