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Crypto Jumps as Reported Senate Deal Signals Likely End to 40-Day U.S. Shutdown

Prediction markets now see a near-term reopening following reports of a funding agreement that would run through January 30.

Overview

  • Bitcoin climbed roughly 4% to about $106,300 and Ethereum rose around 7% to near $3,640, with XRP and Solana gaining about 6% each on expectations the shutdown will end within days.
  • Polymarket odds for a November 12 reopening surged after news of a bipartisan Senate deal, while Myriad users put the chance of the closure ending before November 15 above 90%.
  • The reported agreement would fund the government through January 30, guarantee a December vote on extending Affordable Care Act tax credits, and reverse recent federal layoffs.
  • President Trump told reporters "we’re getting close to the shutdown ending," and traders now treat a resolution by mid-week as highly likely.
  • Service disruptions continue until funding is enacted, with the FAA ordering a 4% cut to flights and the USDA pausing food-stamp payments, as crypto funds show recent stress with over $2.1 billion out of spot Bitcoin ETFs and $579 million from Ethereum funds in eight sessions.