The Senate ends the longest US shutdown: Bitcoin holds steady above $100.000

The US Senate voted to reopen the government after a 40-day shutdown. Bitcoin reacted by surpassing $105.000 as optimism returned to financial markets.

The United States has taken a decisive step toward ending the longest government shutdown in its history, a 40-day episode that has left a profound economic and social scar. vote 60-40 on Monday Last night, legislation was passed to reopen the government, news that has resonated strongly in the financial markets. 

Ahead of the opening bell, Bitcoin (BTC) consolidated its position above the $100.000 level, briefly trading above $106.000, in a clear sign that investors interpret institutional stability as a bullish catalyst for crypto assets.

The Senate resolution, which now goes to the House of Representatives for a final vote, comes as a palpable relief. The shutdown, which began on October 1 amid tense disputes over Affordable Care Act (ACA) subsidies and fiscal policies inherited from the Trump administration, has not been an abstract event. More than 800.000 federal workers were furloughed, and 42 million Americans saw their SNAP benefits, the nutritional assistance program, interrupted. Experts project that the economic cost of these six weeks of standstill amounts to $18.000 billion in the fourth quarter alone.

From political crisis to temporary stability

Although markets have reacted with relief to the expectation of a return to normality, the reality for many people has been harsh.

House Speaker Mike Johnson, while pledging to act quickly to reopen agencies and pay workers, was quick to label the situation the "Schumer Shutdown." 

"After 40 days... working families have suffered, thousands of workers have not received their pay, and air travel has slowed down enormously.", said Johnson 

This rhetoric underscores the deep political divisions that, although temporarily resolved by a bipartisan agreement that included eight Democrats, remain latent. The current agreement provides funding until March 2026, offering a horizon of medium-term stability, but leaves the discussion on the sensitive ACA tax credits until December.

Bitcoin overcomes political uncertainty

In the digital finance ecosystem, the reaction was unequivocal. Bitcoin, which was already showing signs of strength, took advantage of the news from Washington to gain even more momentum. 

An analysis of social sentiment in the crypto market, conducted by the Santiment platform, reveals that the leading cryptocurrency was at the center of digital conversations, reflecting a growing interest on social media and specialized forums.

Analysts on the platform point out that the hope for a swift resolution to the US government shutdown was a key factor in Bitcoin's bullish performance. The Senate's approval of the bipartisan proposal, confirmed by networks like CSPAN, eliminated a significant source of economic uncertainty that had plagued markets in the preceding weeks. For a market increasingly sensitive to macroeconomic variables, ending a shutdown that represented an $18.000 billion burden on the US economy was interpreted as a positive sign, a kind of green light for investment.

This scenario, coupled with an already optimistic atmosphere in the markets, allowed Bitcoin to capitalize on the good news, consolidating itself as an even more reliable option in a context of uncertainty that seems to be gradually dissipating.

A bullish ecosystem beyond Bitcoin

Santiment's analysis also reveals a crypto market where multiple assets move with their own fundamental narratives, suggesting broader health in the sector. 

XRP attracted massive interest after the listing of five spot exchange-traded funds (ETFs) on the platform of the Depository Trust & Clearing Corporation (DTCC)The presence of giants like Bitwise and Franklin Templeton on that list has raised expectations of an imminent influx of institutional capital. 

At the same time, Uniswap is trending because of an internal governance proposal, called 'UNIfication', which seeks to activate protocol fees and burn tokens, strengthening its economic model. Even USDT, the leading stablecoin, is on the radar due to its status as a financial giant, with $181.000 billion in assets and a strategic expansion into artificial intelligence and digital media.

These data show that the financial and cryptocurrency markets have responded accordingly to recent political developments. As Bitcoin settles above the $100.000 mark, all eyes are now on the House of Representatives. The swift passage of the measure will not only mean the return to work of 800.000 employees, but will also confirm the narrative that, at least for now, the machinery of the US government is back in motion. This creates a favorable environment for liquidity, which, along with the inherent dynamics of the crypto market, contributes to a more optimistic outlook.