US House Approves Key Vote to End Government Shutdown
US House approved a procedural vote to advance a spending bill aimed at ending the 43-day government shutdown. The measure passed by a 213-209 margin, removing a legislative barrier after the Senate had approved the bill. It now moves to a one-hour debate before a final vote. President Trump plans to sign the legislation tonight (Thursday morning Beijing time), which would reopen federal agencies and restore government functions. This development alleviates fiscal uncertainty and reduces market risk. Crypto traders should note that ending the US government shutdown may boost risk-on sentiment, improve liquidity, and support positive market momentum. With the shutdown resolved, focus shifts back to macro drivers, potential Fed rate moves, and regulatory updates. Traders should monitor key indicators and prepare for volatility as markets react to resumed government operations.
Bullish
Ending a prolonged government shutdown removes a major fiscal overhang and reduces uncertainty across financial markets. Historically, similar shutdown resolutions in 2018–2019 led to rallying equity and risk assets as liquidity pressures eased. In the short term, crypto traders can expect a spike in risk-on flows and improved funding conditions. Over the longer term, with fiscal risks mitigated, focus will return to macro catalysts like Fed policy and regulatory news, underpinning sustained market momentum. Overall, the vote outcome is likely to support positive sentiment and stability in crypto markets.