US Senate Budget Deal Ends Shutdown, Poised to Spark Bitcoin Rally
The US Senate approved a three-part budget deal in a 60-40 vote to end the 40-day government shutdown. The impasse had thinned liquidity and weighed on the crypto market, pushing Bitcoin down 17% to around $104,370. Historical data from the 2018–19 shutdown shows Bitcoin jumped from $3,550 to over $13,000 in five months. Prediction markets Polymarket and Kalshi now favor a swift reopening. Traders expect restored confidence, higher trading volumes and renewed institutional inflows when the budget plan clears, potentially triggering a bullish Bitcoin rally.
Bullish
Ending the 40-day shutdown removes a major source of regulatory uncertainty and restores liquidity to the crypto market. Historical precedents show significant Bitcoin rallies post-shutdown, and prediction markets now price in a swift reopening. As institutional inflows resume and trading volumes rise, trader sentiment should turn positive, supporting both short-term spikes and longer-term upside for Bitcoin.