US Govt Reopens After 43-Day Shutdown; Trump Signs Bill
The US federal government officially resumed operations on November 13 after a record 43-day shutdown. President Trump signed H.R. 5371, ending the stalemate and blaming Democrats and President Biden for an estimated $1.5 trillion in economic losses. The six-week shutdown shaved 1.5 percentage points off Q4 GDP (around $11 billion) and disrupted air travel, tourism, food assistance programs and key economic data releases. Lawmakers agreed to a “first open, then debate” approach on ACA subsidies, sealed by defections from eight Senate Democrats and one independent. Agencies now face an administrative backlog—payroll restorations, permit approvals and audits will take days to weeks. Crypto markets, including stalled Litecoin ETF and 90 SEC filings, stand to benefit from resumed regulatory review. Investors should monitor fiscal negotiations and regulatory developments as market confidence returns.
Bullish
The government reopening ends a period of regulatory paralysis, allowing the SEC and other agencies to resume stalled crypto oversight—especially for ETF approvals like Litecoin ETF and 90 pending filings. Historically, restored regulatory clarity boosts market sentiment and trading volumes, offering short-term momentum. Long term, predictable budget negotiations and resumed data releases reduce macro uncertainty, underpinning steady capital inflows into both traditional and crypto assets. While political risk remains, the relief rally in past shutdown resumptions suggests a bullish outlook for crypto markets.