Bitcoin surged past $105,000 on Monday, extending gains to trade near $106,000 as optimism over the U.S. government’s shutdown resolution revived risk appetite across global markets.
Reports of a Senate breakthrough to fund key departments and reopen government operations triggered a wave of investor confidence after the 40-day standoff, the longest in U.S. history.
Shutdown Breakthrough Sparks Crypto Relief Rally
The U.S. Senate decision marked Bitcoin’s strongest rebound in nearly a week, lifting the broader crypto market’s capitalization to $3.58 trillion, up 4.8% in 24 hours. Ethereum rose 6.9% to $3,618, while XRP, Solana, Dogecoin, and Cardano each gained more than 4%, signaling renewed bullish sentiment.
Analysts noted that the end of the shutdown could restore liquidity and e

Bitcoinist

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