Senate Advances Bill to Reopen Government, Crypto Market Rallies

The U.S. Senate voted 60–40 to advance a funding bill that could end the government shutdown. Seven Democrats and one Independent joined Republicans to break the deadlock. The final vote in the Senate is anticipated soon, with the House of Representatives expected to vote on Nov. 12.

Impact on Crypto Markets

The government shutdown halted financial market regulations and SEC approvals, leading to selloffs.
Bitcoin fell below $100,000 amid "extreme fear" conditions.
With potential government reopening, the global crypto market cap rose by 4.2% to $3.57 trillion, with Bitcoin surpassing $106,000 and Ethereum reaching $3,600.
Bipartisan efforts may lead to political stability, positively affecting financial markets.