Bitcoin surged beyond the $106,000 threshold during Asian trading hours, mirroring gains across regional equity markets as U.S. lawmakers advanced toward resolving the prolonged government shutdown. The Senate’s bipartisan negotiations showed tangible progress in passing a stopgap funding bill, easing investor concerns about prolonged political gridlock. This development injected renewed optimism into global financial markets, with Japan’s Nikkei and Hong Kong’s Hang Seng indices both posting early gains. The cryptocurrency’s upward trajectory reflects its growing correlation with traditional risk assets during periods of macroeconomic uncertainty. Market analysts noted that the potential resolution of the fiscal standoff could remove a significant overhang from global markets, though cautioned that final legislative approval remains pending. Trading volumes across major cryptocurrency exchanges saw a noticeable uptick as institutional and retail participants repositioned portfolios in response to the evolving political landscape. The positive momentum extended to other major digital assets, with Ethereum and several altcoins recording parallel advances during the session.
