Bitcoin (BTC), Ether (ETH), XRP and other top altcoins posted strong gains on Monday as confidence returned to global markets.
The positive shift followed reports that United States lawmakers are close to ending the 40-day government shutdown, a development that helped ease weeks of uncertainty across financial markets.
BTC climbed over 2% in the past 24 hours, trading at $105,500 at the time of writing. ETH advanced 7.8% to $3,632 late Sunday, while XRP has gained over 10% to hit $2.56. Likewise, Solana (SOL) matched ETH’s momentum with a 7.8% rise to surpass $167 at press time.
The market-wide rebound began after the U.S. Senate approved a bipartisan funding plan in a 60–40 vote, clearing the first stage toward reopening the government.
However, the proposal still requires approval from the House before heading to President Donald Trump for final sign-off.
Analysts Point to Improved Liquidity and Reduced Uncertainty
Market analysts say the approval signals helped remove one of the major sources of pressure over recent weeks. Peter Chung, head of research at Presto Research, explained that the prolonged shutdown had restricted liquidity in short-term funding markets, which added stress to broader risk assets, including crypto.
Chung said in a Monday report that removing this obstacle allows markets to factor in a more supportive macro backdrop, potentially including softer monetary policy, progress in trade talks, and increased fiscal spending ahead of next year’s mid-term elections.
A similar view came from Vincent Liu, Chief Investment Officer at Kronos Research. He said easing uncertainty around U.S. policy contributed to the weekend rally, alongside stronger risk appetite triggered by President Trump’s proposal to use tariff revenues to send $2,000 dividend payments to Americans and cover part of their health-care costs.
Jeff Mei, Chief Operations Officer at BTSE, said the end of the shutdown ensures that important economic data halted during the closure can be released again. Without data, the Federal Reserve had few indicators to guide decisions. With normal reporting set to resume, the Fed may take clearer steps to support economic activity.
“More critical is the fact that economic datasets will become available again, giving the Fed more indicators to work with when deciding policy adjustments. With no data during the shutdown, the Fed was likely to just wait and sit tight. Now we may see more actions taken to stimulate the economy,” said Mei.
Liquidity dynamics contributed as well to the latest rally in crypto prices. Nick Ruck, director at LVRG Research, noted that improving U.S. liquidity signals, including slowing strength in the dollar index, historically support assets like Bitcoin.
“The recent uptick appears primarily triggered by improved U.S. financial liquidity signals, including a stalling dollar index momentum, which historically favours risk assets like cryptocurrencies,” Ruck said in a statement.
While the shutdown agreement has boosted bullish sentiment, Ruck said ongoing institutional inflows remain the stronger force behind market direction. Sharing the same view, MN Fund founder said that “the altcoin cycle isn’t over,” adding that “we’ve essentially not seen any bull run at all.”
Crypto investors are now awaiting confirmation from the House and further details on Trump’s tariff dividend.
