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Trump Signs Bill Ending Shutdown, Bitcoin Climbs Above $105,000
United States President Donald Trump signed legislation ending the 43-day government shutdown, reopening federal agencies and restoring services. The measure passed the House with a 222–209 vote, including continuing appropriations through January 30, 2026, and aims to return back pay to furloughed federal workers.
Market Response
- Bitcoin increased from approximately $99,300 to over $105,000, marking a 6.7% rise following the announcement.
- Ethereum recovered toward $3,600, reflecting a broader market rally as traders moved away from defensive positions.
- The end of the shutdown reduced macro uncertainty, encouraging large funds and ETFs to invest without fearing sudden policy changes.
Political and Market Considerations
- Lawmakers anticipate future debates on unresolved policy issues.
- While markets reacted positively, analysts caution that gains might be temporary if political gridlock returns or technical resistance levels are tested for major cryptocurrencies.