Morning Minute: Crypto Booms as US Government Reopening Looms

Odds of the government shutdown ending this week have rocketed and markets are responding. Plus Trump's new stimulus package doesn't hurt.

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.

GM!

Today’s top news:

The government is on the brink of reopening and we are running back stimmy season.

And crypto markets like it.

After weeks of policy gridlock and fear-driven selling, Bitcoin ripped back above $106,000 and altcoins followed suit.

The rally came as Washington signaled progress on reopening the government, and President Trump floated $2,000 “tariff dividend” checks to offset consumer costs from his trade plan.

Bitcoin rose over 6% in 24 hours, briefly touching $107K, while ETH reclaimed $3,600 and SOL jumped 10%.

The move tracked a rebound in equities and metals, as traders reacted to two parallel developments:

Together, those headlines flipped risk sentiment overnight.

“Markets were waiting for Washington to blink. The moment fiscal headlines turned positive, crypto snapped back.” - QCP Capital

The four-year cycle believers are running out of time to be right.

This package of news from Washington sent Bitcoin back into the range and well above $100k (and the rest of crypto with it).

The weekly was saved.

Now, there are several more bullish catalysts ahead than bearish ones.

The government is reopening. Stimulus checks (or tax rebates) are coming. Interest rates will drop in 2026.

And all of that is on top of the progress made in 2025 with crypto opening for business in the US, the ETF boom, Tradfi’s embrace and crypto coming to 401k’s soon.

The primary bear case is—Bitcoin historically goes down after 4 years.

That’s pretty much it.

And that’s pretty weak.

Bulls are back in control—and bears are officially on notice…

A few Crypto and Web3 headlines that caught my eye:

Here’s a rundown of major token, protocol and airdrop news from the day:

Here is the list of other notable headlines from the day in NFTs:

More News

• All
• CT
• Coindesk
• Decrypt
• DLNews