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10.11.202514:03 Forex Analysis & Reviews: End of US shutdown may cause cryptocurrency market growth

Bitcoin, Ethereum, and other cryptocurrencies are showing promising growth potential amid renewed optimism stemming from news that the US government shutdown may come to an end soon.

Exchange Rates 10.11.2025 analysis

Traders are likely viewing the potential conclusion of the shutdown as a sign of stabilization, albeit temporary, which reduces risks for the US economy. Additionally, the prolonged uncertainty has caused many investors to be more cautious in their purchases and accumulation of risk assets, particularly cryptocurrencies.

Reports emerged yesterday that US senators reached a bipartisan agreement on funding, marking the first step toward ending the 40-day government shutdown. On Sunday evening, the Senate voted 60-40 in favor of a bill, which still needs approval from the House of Representatives before it can reach President Donald Trump's desk.

Cryptocurrencies are also rising due to improvements in the macroeconomic situation, driven by optimism regarding the potential end of the US government shutdown, which strengthens the recovery dynamics of a market that has already undergone a significant correction in recent weeks, making prices more attractive.

Equally important is the fact that economic data will once again become accessible. This will provide the Federal Reserve (Fed) with more indicators to consider when making policy adjustments. In the absence of data during the shutdown, the Fed likely adopted a wait-and-see approach.

In any case, the conclusion of the government shutdown will serve as a positive catalyst for growth in the cryptocurrency market and other risk assets.

Trading recommendations:

Exchange Rates 10.11.2025 analysis

Regarding the technical analysis for Bitcoin, buyers are currently targeting a return to the $108,800 level, which opens a direct path to $111,300. From there, it is only a small step to $113,500. The furthest target is around $116,300. Surpassing this level would indicate attempts at a return to a bull market. Should Bitcoin decline, buyers are expected at the $105,300 level. A drop below this area could quickly push BTC down to around $102,400, with the furthest target at $99,400.

Exchange Rates 10.11.2025 analysis

For Ethereum, clear consolidation above the $3,664 level opens the path to $3,818. The furthest objective is around $3,949. Breaking above this level would reinforce the bullish market and increase buyer interest. If Ethereum drops, buyers are expected at the $3,529 level. A move below this area could quickly lead ETH down to around $3,377, with the most distant support at $3,181.

What we see on the chart:

- Red lines indicate support and resistance levels where either a price slowdown or active growth is expected;

- Green lines indicate the 50-day moving average;

- Blue lines indicate the 100-day moving average;

- Light green lines indicate the 200-day moving average.

Typically, a crossover or price test of these moving averages either halts market momentum or sets a new directional impulse.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Jakub Novak,
Analytical expert of InstaSpot
© 2007-2025
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