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The longest closure in U.S. history has come to an end.
Source: BTCHaber Original Title: The longest shutdown in U.S. history has ended Original Link: U.S. President Donald Trump officially ended the federal government shutdown that had been ongoing for 43 days by signing the funding bill that passed through the House of Representatives on Wednesday. The federal government in the U.S. had to shut down due to budget disputes between Democrats and Republicans, resulting in thousands of public employees being put on unpaid leave.
Many critical developments, including macroeconomic data from the US closely followed by both the stock and crypto markets, have been on hold for the past 43 days.
The funding bill signed by Trump passed the Senate on Monday and was approved in the House of Representatives on Wednesday. Under the bill, funding for the federal government is secured until January 30. This allows federal agencies to resume their activities while providing additional negotiating time for ongoing budget discussions between Democrats and Republicans for the year 2026.
Eyes on US regulatory agencies
After the reopening of the federal government, industry stakeholders awaiting decisions or actions from U.S. regulatory agencies have their eyes set here. Indeed, employees of the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission will return to their duties. In addition to the issuing companies queuing to list cryptocurrency exchange-traded funds as ETFs, investors are also focused on these two agencies.
Patience was running out in US domestic politics
The federal government shutting down in the U.S. has happened throughout history, but never for this long. Not only did the economic world feel the impact, but the U.S. domestic policy also experienced turbulent days due to the prolonged shutdown. The federal government employees who did not receive their salaries left their jobs during this period, directly affecting daily life in the country. Flights were delayed for hours due to critical positions, such as air traffic controllers, leaving their jobs. In some airports, delays reached six to seven hours, provoking public reaction. In response, Trump offered a $10,000 check for each “patriotic controller employee” who did not leave their post.
Those expecting a rally from the crypto market have been disappointed for now.
In the cryptocurrency market, the end of the shutdown was received relatively positively for now, but expectations were for a small rally immediately after the decision. However, as these lines are being written, the total value of the cryptocurrency market was at 3.42 trillion dollars. The world's largest cryptocurrency by market capitalization, Bitcoin, also displayed a sideways performance, while Ether, the cryptocurrency of the Ethereum blockchain, which experienced a sharp decline in recent days, rose by 2.66% after the decision.