Bitcoin recovers above $76,000 as Trump pressures House to end shutdown

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Yaroslav Dmytrenko

04.02.2026

Bitcoin recovers above $76,000 as Trump pressures House to end shutdown — House passes funding bill to end shutdown as Bitcoin rebounds

The four-day partial US government shutdown is coming to an end after the House of Representatives approved a funding bill and sent it to President Trump for his signature, agreeing to address the most controversial issues separately.

On Tuesday, the House voted to continue funding government agencies, a move made possible after Trump pressured Republican congressmen who had previously refused to sign the bipartisan agreement. Ultimately, the document passed with a 217 to 214 vote, supported by 196 Republicans and 21 Democrats. The bill was subsequently forwarded to Donald Trump for official signing.

The legislation includes five spending categories but postpones a final decision on Department of Homeland Security (DHS) funding until next week. Meanwhile, funding for agencies such as the Pentagon, the State Department, and the Department of Transportation will be authorized through September 30. Other market-critical sectors—ranging from the Federal Aviation Administration (FAA) to the IRS—are expected to fully resume operations with minimal disruption.

However, disputes regarding the DHS and changes to immigration operations in Minneapolis and other locations remain far from resolved. Some progress may be on the horizon after DHS Secretary Kristi Noem announced late Monday that "every officer" in Minneapolis would soon be equipped with body cameras.

A market rollercoaster

The end of the shutdown has brought some relief to the markets. This comes at a time when Bitcoin experienced a sharp drop from over $75,000 to nearly $73,000 before correcting; it is currently testing a former support line that has now turned into resistance.

Bitcoin’s decline was fueled by $1.3 billion in ETF outflows last week and reports that BlackRock moved $671 million worth of Bitcoin and Ethereum to Coinbase Prime—the company’s largest crypto transaction this year.

On the geopolitical front, uncertainty is mounting regarding Iran, as the US seeks to leverage the threat of potential airstrikes to secure an agreement to dismantle Iran's nuclear program.

Simultaneously, gold and silver have returned to growth, while US stock indices tumbled. The tech-heavy NASDAQ suffered the most, losing nearly 2%, while the S&P 500 dipped by 1.1%.

30-minute Bitcoin price chart. Source: TradingView

Nevertheless, the end of the shutdown halted the crypto market's slide as anticipated. Bitcoin has returned to growth, surpassing $76,000 at the time of writing. The broader altcoin market followed suit; Ethereum (ETH) surged over 4% in a single hour, trading near $2,300, while several other cryptocurrencies showed strong recovery momentum.

As we wrote, Bitcoin below $80,000: What happened in crypto market

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