Bitcoin climbed on Monday as optimism grew over a potential end to the U.S. government shutdown, which has dampened market sentiment in recent weeks.

The U.S. Senate on Sunday advanced a bill to fund the government through January 30, 2026, raising hopes that federal operations and official economic data releases could resume.

“If we do get an end of the shutdown, it would be a near-term positive,” said Jefferies economist Mohit Kumar. He noted that the return of official data would be crucial to persuading the Federal Reserve to consider an interest rate cut in December.

Bitcoin rose 1.8% to $106,399, after briefly touching a nearly one-week high of $106,614 overnight, reflecting improved risk appetite among investors.