Catenaa, Tuesday, November 11, 2025- Bitcoin, Ethereum, and other major cryptocurrencies surged Monday after reports indicated a deal in the US Senate to end the 40-day government shutdown, the longest in American history.
Bitcoin climbed past $106,000, rising more than 4%, while Ethereum jumped above $3,600, a gain of over 7%. XRP and Solana each increased roughly 6%, signaling broad market optimism.
The shutdown had weighed heavily on digital assets, with Bitcoin falling below $100,000 on multiple occasions in recent weeks.
Ethereum suffered larger losses, as investors moved away from risk-on assets amid economic uncertainty. Crypto funds also saw outflows, with 11 spot Bitcoin ETFs shedding more than $2.1 billion and nine Ethereum funds losing $579 million over eight trading days.
Coinbase shares fell over 9% last week, and Bitcoin Treasury Strategy declined more than 8%.
Despite losses in established crypto funds, altcoins saw renewed demand. Bitwise’s Solana Staking ETF recorded net inflows exceeding $126 million in its first full week and $545 million since its NYSE debut on Oct. 28. Investors appeared drawn to altcoin-focused products even as broader crypto funds experienced declines.
The anticipated government funding resolution comes after moderate Senate Democrats agreed to procedural votes, paving the way for federal services to resume and ending a period of market uncertainty. Prediction markets indicate a more than 90% chance the shutdown will conclude before Nov. 15, up sharply from 37% the previous day.
The sudden surge in digital assets highlights investor sensitivity to federal policy developments, with cryptocurrencies reacting quickly to the prospect of restored government operations.
Bitcoin, Ethereum, and XRP surge as Senate deal signals imminent end to 40-day US government shutdown.
