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Bitcoin (BTC) leaped over 4% to reclaim $106,000 on November 10, 2025, fueled by a bipartisan Senate vote advancing a funding bill to end the longest US government shutdown in history. Asian markets opened strongly, with Japan’s Nikkei 225 climbing 1.26% to 50,911.76, Hong Kong’s Hang Seng up 1.54%, and mainland China’s CSI 300 gaining 0.17%.
Senate Breakthrough Sparks Crypto and Equity Rebound
In a late-night 60-40 vote on November 9, the US Senate cleared a procedural hurdle, backed by eight Democratic defectors, to push forward a package funding agencies through January 30, 2026, alongside full-year appropriations for agriculture, veterans, and military construction. The 40-day shutdown, starting October 1 over disputes on Affordable Care Act subsidies, had frozen liquidity and delayed economic data, pressuring risk assets.
Bitcoin, Ethereum (ETH), and XRP surged as investors anticipated restored liquidity and regulatory clarity. BTC hit $106,155, ETH rose 5.68% to $3,603, reflecting renewed risk appetite. Analysts note historical patterns: post-2019 shutdown, Bitcoin rallied 300% in months.
Why the Shutdown Resolution Matters for Markets
The impasse drained Treasury General Account funds, exacerbating outflows and volatility. Resolution eases fears of prolonged paralysis, boosting Fed policy visibility and potential December rate cuts. Institutional inflows, including ETF renewals, could push BTC toward $120K–$140K.
Asia’s positive open mirrors global relief, with tech and financial sectors leading gains amid reduced US fiscal uncertainty.
Outlook: Momentum Builds for Risk Assets
Experts predict sustained rallies if the House passes the bill soon, accelerating real-world asset tokenization and RMB internationalization. Bitcoin’s correlation with liquidity (0.85) underscores its macro sensitivity.
The Senate’s progress signals an end to the 40-day US shutdown, igniting Bitcoin’s surge and Asian market optimism. As liquidity returns and uncertainty fades, digital assets and equities eye continued upside—watch for House approval and ETF flows driving the next leg higher.
