Bitcoin advanced Monday, extending a weekend rebound as signs of progress toward ending the U.S. government shutdown nudged investors back into risk. The largest cryptocurrency rose 4.3% to $106,330 by 00:06 ET (05:06 GMT), clawing back a portion of steep losses from October and early November.

The up-move follows last week’s slide into bear-market territory—more than 20% below early-October’s record high—and repeated failures to reclaim $110,000 since mid-month. Still, a tentative improvement in risk sentiment, helped by reports of a late-October U.S.–China trade deal and Capitol Hill momentum, supported bids.

Macro driver: shutdown relief in sight

Risk appetite firmed after the U.S. Senate voted 60–40 to advance a funding bill that would extend government operations through January 30, 2026, with a full vote expected in coming days. A resolution would end the longest shutdown on record, restore the flow of official economic data, and pare growth worries tied to weeks of disrupted activity.

XRP steals the altcoin spotlight

XRP jumped ~8% to $2.4570 amid optimism that Ripple Labs is raising $500 million at a $40 billion valuation—stoking bets on balance-sheet strength and potential token buybacks. Ripple also pushed back on IPO speculation, adding clarity to near-term corporate plans.

Market breadth: green across majors

Broader crypto tracked Bitcoin higher: Ether +5.7% to $3,600.99, BNB +1.6% to $1,004.70, while Cardano and Solana gained nearly 6%. Among memes, Dogecoin +4% and $TRUMP +~10%.

Outlook

The bounce remains tactical until prices clear overhead resistance near $110,000 and macro visibility improves. A formal end to the shutdown—and the return of timely U.S. data—could stabilize rates expectations and reduce cross-asset volatility. Absent that, rallies are likely to meet supply into well-worn resistance, keeping the near-term tone selective and headline-driven.