TLDR
- Bitcoin gained 4.4 percent and Ethereum rose 7.8 percent after the Senate vote.
- US Senate passed a key bill that marks a first step toward ending the shutdown.
- Analysts say easing macro pressure and policy signals supported crypto gains.
- XRP, Solana and BNB also rose as market confidence improved after the vote.
A sharp rise swept through the crypto market after news that the US Senate advanced a funding bill aimed at ending the long federal shutdown. Traders reacted quickly as confidence returned to global markets and demand for digital assets rose. Bitcoin and Ethereum led the surge as investors factored in the prospect of a more stable political path in the United States.
Senate Advances Key Bill Amid Federal Shutdown Pressure
The US Senate passed a major funding bill on Sunday night. The vote came after days of negotiations and growing pressure from both parties. The bill is the first formal step toward reopening the government, which has been closed for 40 days.
The legislation still needs to pass the House of Representatives. After that, it will move to President Donald Trump for approval. Lawmakers said the bill aims to restore core operations as soon as possible, yet the timeline remains uncertain until the House vote is complete.
The progress in the Senate provided markets with a much-needed boost during a period of concern. Investors had been concerned that the prolonged shutdown was limiting government functions and slowing financial flows. The vote signaled movement after weeks of stalled talks.
Crypto Markets React as Investor Confidence Returns
Bitcoin rose 4.4 percent in the past 24 hours. It traded near 106,119 dollars on Sunday night. Ethereum saw a strong move as well, climbing 7.8 percent and reaching 3,632 dollars. Other major tokens joined the rally. XRP gained 8.4 percent, while Solana and BNB recorded steady increases.
Traders said the market move came as global sentiment improved. The shutdown had weighed on risk assets as investors waited for signs of progress in Washington. The Senate vote gave a clear signal that a path toward reopening may be forming.
Peter Chung, head of research at Presto Research, said the shutdown had affected liquidity. “The prolonged shutdown had the effect of draining liquidity in the overnight funding market, contributing to market jitters over the last few weeks,” he said. Chung added that the latest vote has eased some of that concern.
He noted that the political shift allows markets to adjust to a more stable macro setting. He said investors may now expect looser monetary policy and more clarity around trade issues.
Analysts Cite Macro Optimism and New Policy Signals
Vincent Liu, chief investment officer at Kronos Research, said the improved environment supported the latest market rally. “Crypto is climbing as Trump’s proposed tariff dividend boosts risk appetite,” Liu said. He added that optimism around ending the shutdown has helped restore market strength.
Liu also noted that the mix of lower uncertainty and new policy signals has supported buying activity. Traders appear to be preparing for possible shifts in economic policy as the government moves closer to reopening.
Analysts said broader markets also saw gains during the same period. Equity futures turned positive as the vote result spread through financial news outlets. Investors looked for signs that the House may move quickly on the next stage of the bill.
Market Watches House Vote as Crypto Momentum Continues
The crypto sector now waits for the next steps in Washington. The House vote will decide whether the funding bill reaches the president. Until that vote occurs, market conditions may remain sensitive to new updates.
Traders said digital assets could see more movement in the coming days. Many expect more activity if the shutdown ends and the government resumes full operations. For now, the latest rally shows how closely the crypto market tracks political events when broader confidence is at stake.
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