Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in…
The United States government is officially back in operation after President Donald Trump signed a bipartisan funding bill late Wednesday night, ending the 43-day shutdown that began on October 1.
The bill, which cleared the Senate on Monday and passed the House of Representatives on Wednesday by a narrow 222-209 vote, restores funding for federal agencies through January 30, 2026.
U.S. Reopens for Business — What the End of the Shutdown Means for Crypto
The shutdown, the longest in U.S. history, had brought large parts of the federal government to a halt, furloughing roughly 700,000 federal employees and delaying paychecks for hundreds of thousands of others.
Essential operations, including food aid and air travel services, were severely strained.
After signing the bill, President Trump said he was “always willing to work with anyone, including the other party,” signaling an openness to future negotiations on healthcare, one of the main points of contention that caused the funding deadlock.
The agreement comes after weeks of political gridlock between Republicans, who pushed for a clean funding bill, and Democrats, who sought increased healthcare subsidies under the Affordable Care Act.
The bill’s passage brings immediate relief to federal workers and agencies, including those critical to the crypto industry.
The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), both of which had paused most of their operations, are now expected to resume work on pending crypto-related applications and legislation.
Dozens of crypto exchange-traded funds (ETFs), including those tied to Bitcoin, Solana, and XRP, have been awaiting SEC approval since the shutdown began. Bloomberg Intelligence estimates that over 130 crypto ETF filings were frozen during the shutdown.
Analysts now expect a backlog review process, with filings likely to move forward in the coming days.
Craig Salm, chief legal officer at Grayscale, said the SEC could either allow pending ETF registrations to go effective automatically or reengage with issuers to review comments that were suspended during the funding lapse.
Government Reopening Brings Relief to Crypto Markets; Bitcoin Holds Above $100K
The reopening is also expected to reignite progress on the long-awaited Clarity Act, a legislative effort to establish clearer market structure rules for digital assets.
Work on the bill had stalled for more than six weeks, as agency staff were unable to provide input.
Meanwhile, the Senate Agriculture Committee, which oversees the CFTC, is set to move forward with the nomination hearing for Mike Selig, Trump’s pick to chair the agency. This signals potential progress for spot crypto markets.
The shutdown ends alongside the announcement of a one-year trade truce between the U.S. and China, covering tariffs, rare earth exports, and agricultural purchases.
The temporary resolution eases some of the geopolitical uncertainty that had weighed on markets through October, setting the stage for improved investor sentiment heading into November.
The government’s reopening will restore liquidity to the broader economy. Federal employees will receive back pay, while the resumption of food aid, infrastructure projects, and public programs could bolster consumer spending.
For crypto markets, this could help restore trading volume and confidence that had thinned during the shutdown.
Despite the historic news, crypto markets have so far reacted cautiously. Bitcoin is trading at $103,039, down 1.4% over the past 24 hours and 7.5% in the past week, with daily trading ranging between $100,836 and $105,297.
Its market capitalization remains above $2 trillion, reinforcing its dominance despite a 19% drop from its October peak of $126,198.
The global crypto market cap stands at $3.57 trillion, a 0.9% decline in the last 24 hours.
