Although Congress approved a series of funding bills by week’s end, a partial government shutdown began Saturday morning.

House Speaker Mike Johnson stated that a vote on the Senate-approved funding deal is anticipated for Monday, following support indicated by the President. This might explain why Bitcoin (BTC) remained largely stable after the market turmoil earlier in the week.

The Senate passed several funding bills with a vote of 71-29, which includes a two-week stopgap measure. This funding is crucial as lawmakers continue to negotiate the budget for the Department of Homeland Security.

This marks the second shutdown during Trump’s presidency, although it is projected to be brief compared to the 43-day shutdown in 2025.

Russell Vought, Director of the Office of Management and Budget, instructed federal agency leaders that their employees “should report to work to commence orderly shutdown procedures.”

“The Administration will continue collaborating with Congress to resolve ongoing concerns and complete appropriations for Fiscal Year 2026. We hope this situation will be brief,” he added.

Despite the turmoil, Bitcoin’s value has remained relatively steady. After plummeting to a low of $81,000 on Thursday, it recovered, now trading near $84,000.

Notably, some alternative cryptocurrencies such as XMR, CC, and HYPE saw increases of 11%, 8.5%, and 6%, respectively. SOL also gained by 4%.

BTCUSD Jan 31 Source: TradingView