The price of Bitcoin (BTC) rose again to surpass $106,000 as the Asian market opened on Monday, and local stocks saw an upward move in conjunction with Washington nearing the end of the U.S. government shutdown, with the Senate on Sunday passing a preliminary agreement – with a 60-vote majority – to reopen the federal government, and the bill was sent back to the House of Representatives and President Donald Trump for final approval.
The agreement provides for funding all work through January 30, 2026, reversing previous layoffs, ensuring the continuation of the Food Assistance Program (SNAP) through the end of fiscal year 2026, in addition to preparing for a vote in December on support for the Affordable Care Act.
This short-term solution increased the appetite for investment risk and traders turned to assets with high potential. The price of Nasdaq futures and the S&P 500 index rose 0.8% and 0.5% in early trading; This indicates expectations of a good start to the session on Wall Street.
Therefore, the crypto sector reflects this change in mood; Bitcoin price reached $106,097, up 4.4% in 24 hours.
A quick overview of the market
- Bitcoin: $106,097, up 4.4%
- Ethereum-ETH: $3,636.14, up 7.9%
- Ripple (XRP): $2.44, up 7.8%
- Total crypto sector market capitalization: $3.66 trillion, up 4.8%
Investors are weathering the recent period of volatility as liquidity returns to stock and cryptocurrency markets.
The price of the MSCI Asia ex-Japan index increased by 0.5%, the Japanese Nikkei index by 0.6%, while the Korean Kospi index rose by 2%. In Europe, futures on the Euro Stoxx 50 and DAX indices made gains of 1.3% each.
Bond markets indicate slight easing among safe traders; The U.S. 10-year bond yield rose 4.13% and two-year 3.59%, and the dollar also recouped some of last week’s losses in conjunction with investors’ reassessment of growth expectations in light of the Federal Reserve’s cautious approach.
The prolonged U.S. government shutdown has also put pressure on the economy, with federal employees at airports, police forces and the military being deprived of their salaries, while the central bank is suffering from data gaps due to lack of government reporting.
NEW: U.S. GOVERNMENT SHUTDOWN EXPECTED TO END IN NOV. 14 ON @Polymarché AS AXIOS REPORTS, AT LEAST 10 SENATE DEMOCRATS WILL SUPPORT PROCEDURAL MOTION FOR SPENDING BILLS AND SHORT-TERM FUNDING THROUGH JANUARY
SOURCE: pic.twitter.com/rNHNAenYqn– DEGEN NEWS (@DegenerateNews) November 9, 2025
Government shutdown weakens investor confidence and makes them cautious
White House economic adviser Kevin Hassett said gross domestic product (GDP) could post negative growth in the fourth quarter if the government shutdown continues, and consumer tension showed up clearly in economic data. As people prepare for a possible economic collapse, the US consumer sentiment index fell in early November, approaching its lowest levels in 3 1/2 years, exacerbating the state of hesitation among traders.
Reaching an agreement is important for the crypto industry. After the shutdown caused market liquidity squeeze and increased volatility during periods of macroeconomic data releases, financial and economic clarity will help mitigate investment risks and increase demand for digital assets sensitive to growth fluctuations and risk cycles.
Wall Street investors monitor government shutdown vote after turbulent week for tech stocks
Stock market investors are monitoring developments in Washington after a difficult week for the technology sector. The Nasdaq Composite Index fell 3%, its worst weekly performance since last April, on concerns about overvaluation of artificial intelligence stocks, while the S&P 500 Index fell 1.6% and the Dow Jones Industrial Average (Dow Jones) fell 1.2% during the week.
Last week, Federal Reserve spokespeople indicated a slow reduction in interest rates, while recent jobs data pointed to slowing momentum, and with investors weighing these signals with the government shutdown evolving, expectations have tilted toward a positive start to the current week.
For their part, markets are closely following the White House’s receipt of the Senate documents and their review, as the smooth adoption of the agreement will maintain the current recovery wave, while any loss of steam could lead to a return of volatility in stock markets and digital currencies.
The article Asian Trading Market Opening: Upward Movement in Global Markets in Conjunction with Progress in US Government Lockdown Negotiations appeared first on Cryptonews Arabic.