US Senate Passes Bill to Reopen Longest Government Shutdown – Bullish for Crypto?
The US Senate has handed a invoice late Monday evening to reopen the federal government after the longest shutdown lasting 40 days. Crypto in America journalist Eleanor Terrett revealed that the amended appropriations invoice is now heading to the House for approval.
JUST IN: The Senate has handed the amended appropriations invoice to reopen the federal government.
The invoice now heads to the House and the Senate might be out for the remainder of the week.
As one supply of mine put it: “I believed they wouldn’t be finished till later tonight however they sped…
— Eleanor Terrett (@EleanorTerrett) November 11, 2025
“I believed they wouldn’t be finished till later tonight, however they sped by way of that shit. They need out of this city,” Terrett posted on X, quoting a supply.
The Senate’s approval of the deal (60-40) will transfer to the House vote on Wednesday, earlier than heading to the president’s desk for signing.
After 41 days of gridlock, the Senate has lastly accepted a bipartisan deal (60–40) to finish the federal government shutdown. The House vote may occur by Wednesday and President Trump is predicted to signal it quickly. pic.twitter.com/tHaOUrmX0H
— Dr Armageddon (@DrArmageddon01) November 11, 2025
President Trump advised reporters on Monday afternoon that he supported the deal, describing it as “excellent.” He is predicted to signal the laws into regulation as quickly because the House acts.
Prediction Markets Flood With Betting to End Govt Shutdown
Prediction market Polymarket on Monday forecasted that the shutdown would finish quickly this week with a probability of 96%. Meanwhile, odds on its rival Kalshi spiked from as little as 43% final week to 92% on Monday.
Justus Parmar, CEO of enterprise capital agency Fortuna Investments in Miami, predicted that the US shutdown to finish this week.
“The nice information is that, so long as there isn’t a catastrophe, I feel the federal government will reopen this week,” he told BBC. “They nonetheless want to get some approvals… however lastly, for the primary time over 40 days, this seems to be like the very best shot of opening the federal government.”
What it Means to Crypto
The information of the Senate deal over U.S. shutdown optimism triggered a 6.7% surge in Bitcoin on Monday. The largest crypto rose to $106,000; nonetheless, costs retraced as merchants locked in positive factors.
With Bitcoin nonetheless down 11.85% over 90 days, merchants stay fast to safe income amid fragile confidence. BTC is at present buying and selling at $105,333 at press time, per CoinMarketCap data.
Ethereum (ETH) confirmed a slight leap to $3,636 earlier than slumping to $3,550, whereas Ripple (XRP) climbed over 2%.
The House vote on the invoice, which is predicted by November 12, may set off additional highs, whereas delays may reignite volatility.
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