Senate Advances Stopgap Bill Amid Bitcoin Price Fluctuations

QCP Capital highlights Bitcoin’s stabilization around $103,000 on November 12 following a U.S. session drop and in the midst of ongoing government fiscal uncertainty.

The fiscal uncertainty affects market stability, with Senate passing a stopgap funding bill. Institutional accumulators show sustained interest, while potential Fed actions support Bitcoin.

Senate’s Stopgap Bill Offers Fiscal Breather

Economic data shifts influence market dynamics, demonstrated by decreased labor market activity and mounting investor caution ahead of the December FOMC meeting. The market sentiment reflects these variables, showcasing volatility while still positioning Bitcoin as a potential asset for risk-averse strategies. The likelihood that the government shutdown will resolve between November 12-15 offers a probability of 96% according to Polymarket, reflecting collective market expectations for an imminent resolution of fiscal uncertainty (Polymarket).

The recent congressional fiscal maneuvers are subtly steering market behavior. Retail and institutional stakeholders have engaged in tangible Bitcoin accumulation—$505.67 million and $1.15 million respectively—showing a widened market engagement despite ongoing U.S. uncertainty. As these dynamics evolve, expectations for federal rate reductions might bolster asset confidence towards year’s end.

Bitcoin’s trend remains consistent with overall news-driven risk sentiment — after falling during the U.S. session, it stabilized around $103,000 during the Asian session. — QCP Capital

Bitcoin’s Resilience Amid U.S. Fiscal Jitters

Did you know? In fiscal crises like 2013 and 2018 shutdowns, Bitcoin exhibited heightened volatility and risk-off reactions, usually resulting in eventual price stability and upward corrections once immediate uncertainties resolved.

According to CoinMarketCap, Bitcoin trades around $104,656 with a market cap nearing $2.09 trillion as of November 12, 2025. Despite a 0.38% dip over the past 24 hours, Bitcoin has seen a 2.68% rise through the week. Trading volumes hover around $62.37 billion, marking a 9.90% decrease.

Coincu analysts foresee these fiscal developments, coupled with restrained regulatory adjustments, potentially enhancing Bitcoin’s appeal as a hedge against macroeconomic unpredictability. The inclusion of these fiscal and policy-driven indicators highlights Bitcoin’s standing in a cautious risk environment.