Senate Republicans and Democrats finally put aside their political differences (well, most of them) to save the country from total chaos.
Bitcoin 🚀 Climbs to $105K as 40-Day Government Shutdown Finally Shows Signs of Resolution
Who’d have thought eight Senate Democrats would ditch their party to save the economy? Spoiler: It worked! Republicans charmed enough cross-aisle votes to pass a measure that might just end the longest government shutdown in U.S. history. Bitcoin briefly hit $106K on the news, then settled at $105K like it was saying, “Nice try, but I’m still chaotic.”
This unprecedented shutdown left the government in a tailspin. Flights vanished like magic tricks, FAA reduced airport capacity, and air traffic controllers were left high and dry (literally). Meanwhile, 42 million Americans faced delayed food stamps-because nothing says “holiday cheer” like skipping Thanksgiving. 🍽️
But fear not! Sunday’s agreement could reboot the government by January, with a December vote on ACA tax credits (the main reason everyone was throwing tantrums). Senate Democrat Jeanne Shaheen, one of the bipartisan heroes, said it best: “Let’s reopen the government AND save healthcare. Win-win!” 🎉
Market Metrics: Bitcoin’s Chaotic Ride
Bitcoin was trading at $105,823.93, up 2.15% since Sunday but down 1.45% for the week. It’s been yo-yoing between $103K and $106K like it’s got commitment issues. 🤡
Trading volume spiked 38.88% to $74.1B-probably because everyone’s watching this rollercoaster. Market cap hit $2.22T, and Bitcoin dominance reclaimed 60% after a wild week. Short sellers lost $85M, while bulls lost $30M. Total liquidations? $115.88M. Ouch. 💸
FAQ ⚡
- Why did Bitcoin jump above $105K?
Lawmakers ended a 40-day shutdown, and markets cheered like it was New Year’s Eve. 🎆 - Who helped make the deal possible?
Eight Senate Democrats who decided to play nice with Republicans for once. Shocker! 😅 - How severe was the shutdown’s impact?
Flights grounded, workers unpaid, and 40 million people wondering where their dinner is. 🍕 - What’s next for markets and policy?
Congress must pass the bill, but if it goes through, Bitcoin might keep riding the hype train. 🚂
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2025-11-10 23:08