The US Senate’s budget deal to end the government shutdown could bring relief to the crypto market. Pending legislation has enough support to pass, potentially lifting the 40-day shutdown. Bitcoin initially rallied to $126,080 during the shutdown but fell 17% to $104,370. The last shutdown in 2019 saw Bitcoin rise 266%.
Prediction markets like Polymarket predict a 54% chance the government shutdown will end on Thursday. Odds were just 27% a day ago. Competitor platform Kalshi estimates shutdown end on Friday, 44 days in. Trump announced most Americans will receive a $2,000 dividend from tariff revenue, excluding high-income earners.
Read more at Cointelegraph: Crypto Market Eyes Relief as US Senate Agrees on Budget Deal
