Crypto prices today (Nov. 10): BTC, ETH, XRP, SOL recover amid hopes of U.S. government shutdown end

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Crypto prices today saw a modest recovery as signs of progress in Washington eased some of the tension that has been hanging over global markets.

Summary

  • Crypto market moves higher as shutdown resolution looks more likely.
  • Fear & Greed Index rises out of extreme fear.
  • Traders are stepping back into positions, but cautiously.

The Senate moved a funding bill forward late on Nov. 9, creating a clearer path toward reopening the federal government after weeks of closures and stalled operations.

As a result, sentiment has improved slightly. The Crypto Fear & Greed Index rose to 29 from 22 yesterday, leaving the “extreme fear” zone. The market’s total value gained 4.6%, now about $3.66 trillion.

At press time, Bitcoin was trading near $105,990, up around 4% in the past 24 hours. Ethereum was up about 7% to $3,622. XRP gained roughly 8.7% to $2.46, and Solana was up about 6.5% to $167.

CoinGlass data shows $338 million in liquidations over the past day, while open interest has increased to about $148 billion. This suggests some traders are returning to positions after stepping back during the recent pullback.

Why the shutdown matters

The shutdown began on Oct. 1 after disagreements over federal spending priorities. During the past six weeks, many government functions were paused, workers were furloughed, and regulatory processes were delayed, including those tied to digital asset oversight. The uncertainty weighed on crypto, which tends to react quickly when liquidity feels tight or policy direction is unclear.

The Senate’s progress last night does not fully end the shutdown yet, but the vote was the first meaningful movement in weeks. If the remaining steps pass without extended delay, government operations could restart within days. Traders are responding to that possibility.

Crypto market to recover after shutdown end

Analysts expect somewhere between $180 billion and $300 billion to return into markets over the next several weeks, which often works like a quiet stimulus. A similar pattern occurred after the 2018–2019 shutdown, when stocks recovered and Bitcoin went on to post large gains in the months that followed.

Confidence is also improving. Shutdown uncertainty tends to push investors out of high-volatility assets. That effect was clear over the past month, with Bitcoin sliding and exchange-traded fund flows turning cautious. A completed funding deal removes that pressure and usually brings risk-on appetite back into markets.

The resolution also matters because it puts regulatory work back in motion. The shutdown slowed reviews at the Securities and Exchange Commission and Commodity Futures Trading Commission, including progress on stablecoin rules and multiple pending crypto ETF filings. With staff returning, attention turns back to open proposals in the Senate and the possibility of new approvals before the end of the year. 

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