Bitcoin has been trending across social media in recent days as U.S. lawmakers moved closer to resolving the prolonged government shutdown, culminating in the Senate’s passage of a contentious funding bill on Monday.
It reportedly took Republicans about 10 hours to secure the 60 votes required to advance the measure — with eight Democrats joining in support. The bill extends funding for most government operations through the end of January next year.
“After passage, the CR goes to the House for a vote before we reopen. Hopefully, we’re open by Wednesday,” Republican Senator Markwayne Mullin wrote on X on Monday.
If the bill clears the House of Representatives, it will head to President Donald Trump for final approval — a move that would officially end the longest government shutdown in U.S. history.
The shutdown has been highly disruptive, leaving over 1 million federal employees unpaid, according to CNN. Key regulatory bodies, including the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) — both of which oversee the crypto industry — have been operating with skeleton staff.
Other sectors have also felt the strain, with air travel among the hardest hit. A shortage of unpaid air traffic controllers has forced major flight delays, cancellations, and reduced schedules at airports nationwide.
Bitcoin rebounds above $106,000
Amid growing speculation over the weekend that the shutdown was nearing an end, Bitcoin’s price surged, recovering from recent lows. After falling to $99,300 on Friday, BTC has climbed 6.7% to around $106,000 at the time of writing, according to CoinGecko data.
Blockchain analytics platform Santiment noted on Monday that “$BTC” has been the top-trending cryptocurrency on social media in recent days, reflecting renewed optimism and bullish sentiment as political uncertainty begins to ease.
“$BTC is trending due to its recent surge past $106K, optimism around the U.S. government shutdown resolution, and growing bullish market sentiment,” the post said.
“Analysts predict a rise to $150K by year-end, highlighting Bitcoin’s role as a store of value and symbol of digital trust. Additionally, Bitcoin adoption is growing with over 4 million Square merchants now able to accept Bitcoin payments with zero fees, marking a milestone in mainstream payment integration.”
Alongside Bitcoin (BTC), the next four top-trending crypto assets are Starknet (STRK), Uniswap (UNI), Monero (XMR), and XRP — each drawing heightened interest due to recent technological updates, price rallies, or notable partnerships.
