Bitcoin Up 3% On Shutdown Progress—But $109,000 Remains The Target

Benzinga · Nov 10 21:58

Bitcoin(CRYPTO: BTC) has rallied above $106,000 on Monday as investors reacted to a bipartisan Senate deal to end the historic U.S. government shutdown.

Senate Progress Lifts Broader Market Sentiment

The U.S. Senate voted 60-40 Sunday night to advance a framework that would reopen the government after 40 days, restoring funding for key agencies through January 2026.

Lawmakers struck a compromise ensuring back pay for furloughed federal workers and a December vote on extending Affordable Care Act tax credits.

The progress signaled a step toward restoring fiscal stability, easing risk aversion across equity and digital-asset markets.

BTC Price Holds Fibonacci Support

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