- Bitcoin dropped below $101,000 on Wednesday but recovered Thursday morning after Trump signed legislation to end the 43-day US government shutdown
- The House voted 222 to 209 to pass a funding deal between Republicans and centrist Senate Democrats that reopens federal operations
- The shutdown ending reversed mass federal layoffs and restored critical services and paychecks for government employees
- Bitcoin jumped nearly $3,000 immediately after the deal was signed, with experts previously predicting the rally would follow the shutdown’s end
- Bitcoin ETFs saw only $247 million in inflows over the past week compared to heavy outflows in late October and early November
Bitcoin dropped below $101,000 on Wednesday evening before staging a recovery Thursday morning. The rebound came as Trump signed legislation ending the 43-day US government shutdown.
The House voted 222 to 209 late Wednesday to pass a funding deal. Republicans and centrist Senate Democrats struck the agreement that reopens federal operations.
Trump signed the package hours after the House vote. The legislation reverses mass federal layoffs executed during the shutdown.
BREAKING: President Trump has officially signed a bill ending the US government shutdown.
The record setting 43-day government shutdown is over.
— The Kobeissi Letter (@KobeissiLetter) November 13, 2025
Critical food and nutrition services will resume for tens of millions of Americans. Government employees will start receiving paychecks again soon.
Trump called the legislation a victory. He said it sent a “clear message that we will never give in to extortion, because that’s what it was, they tried to extort.”
The end of uncertainty from the longest government shutdown in US history brought relief to crypto markets. Bitcoin had dipped below $101,000 twice on Wednesday.
The deal resulted in an immediate uptick. Bitcoin jumped nearly three grand after the signing.
Previous Expert Predictions
Arthur Hayes and other experts previously predicted the next Bitcoin rally would follow the shutdown’s end. While ETFs saw $247 million in inflows over the past seven days, this represented only a fraction of heavy outflows from late October and early November.
???? $BTC ETF FLOWS:
$523.98M inflows for Bitcoin ETFs yesterday. pic.twitter.com/AyREPSXSQ3
— Kyle Chassé / DD???? (@Kylechasse) November 12, 2025
The outflows came after a $500 billion crypto valuation wipeout in early October. This event shook institutional faith in crypto markets.
Corporate treasury buyers and ETF operators largely stepped back from the market. This denied Bitcoin the capital needed to push prices higher.
Recent Trading Patterns
Sluggish price movement caused retail traders to lose interest. Speculative investors typically find Bitcoin attractive because of wild price swings.
Bitcoin $BTC could be forming a head-and-shoulders pattern!
A rebound to $112,000 might form the right shoulder before a move to the $100,000 neckline, potentially leading to a breakdown to $83,000. pic.twitter.com/EhGBHtuMbE
— Ali (@ali_charts) November 13, 2025
Bitcoin struggled to break above $110,000 since early October. The crypto traded below $105,000 through most of November.
Bitcoin briefly broke below $100,000 earlier in the month. Broader crypto prices performed better than Bitcoin on Thursday as risk appetite increased.
Ethereum traded above $3,500 following the government reopening. XRP reclaimed the $2.50 price level on Thursday morning.
