Live Crypto Updates as U.S. Government Shutdown Nears its End
The global market cap climbed 3.9% to $3.57 trillion, with traders eyeing a potential return of liquidity once federal operations resume.
Bitcoin (BTC) reclaimed $106,000, up 4% in 24 hours, as liquidation pressure eased. Around $345 million in leveraged positions were wiped out — mostly shorts — helping stabilize price action.
Altcoins joined the rebound: Ethereum (ETH) rose 5%, XRP jumped 9% to $2.49, Solana (SOL) gained 4.5%, and Cardano (ADA) advanced 5%.
Analysts warn that volatility is likely to increase as investors price in both political progress and macro uncertainty. Still, traders see room for further upside if the government officially reopens this week — a move that could release liquidity and extend the crypto rally.
Sentiment also improved after the U.S. Senate advanced a bipartisan deal to reopen the government — the first serious progress after 40 days of deadlock. Trader Crypto Rover noted that the last reopening in 2019 preceded a 300% Bitcoin rally.
For now, traders are watching Washington closely – and the crypto charts even closer.
The post Live Crypto Updates as U.S. Government Shutdown Nears its End appeared first on Coindoo.
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