43-Day US Shutdown Ends; Government Reopens Days to Weeks
After a record 43-day US shutdown, Congress approved and President Trump signed a stopgap funding bill to end the federal government shutdown. However, restoring normal operations will take several days to over a week as agencies clear backlogs in pay, loans, and public services. The Transportation Department plans to lift flight restrictions within a week, ahead of Thanksgiving travel. The Congressional Budget Office estimates this shutdown will shave 1.5 percentage points off fourth-quarter GDP, resulting in a net loss of about $11 billion. While backpay will reverse most damage, delayed economic data and unrescheduled projects mean some shutdown costs are irreversible, prolonging market uncertainty.
Neutral
While ending the US shutdown removes a major source of fiscal uncertainty, the lingering economic fallout and data delays may sustain short-term market volatility. Historically, government shutdowns have led to temporary dips in risk assets followed by recovery once services resume. For crypto traders, the resolution may stabilize broad market sentiment, but the net GDP loss and delayed policy clarity could cap upside momentum. Thus, the event is unlikely to trigger significant bullish or bearish trends, rendering a neutral impact on crypto trading in both the immediate and mid-term outlook.