Crypto:
37069
Bitcoin:
$76.031
% 2.54
BTC Dominance:
%59.1
% 0.38
Market Cap:
$2.58 T
% 1.72
Fear & Greed:
14 / 100
Bitcoin:
$ 76.031
BTC Dominance:
% 59.1
Market Cap:
$2.58 T

Trump Approved, US Government Reopens!

Trump Budget Approval

The four-day partial government shutdown in the United States is nearing its end. The House of Representatives approved a $1.2 trillion budget package that will fund most federal agencies through the end of September. President Donald Trump is expected to sign the bill. Here are the key details of this critical development and its impact on crypto markets.

The legislation passed the House by a narrow margin of 217 to 214, after already clearing the Senate. This means most US government operations will resume. However, funding for the Department of Homeland Security covers only two weeks. Lawmakers will return to negotiations over Immigration and Customs Enforcement (ICE) and Border Patrol budgets during that period.

Although some Democratic lawmakers opposed provisions related to immigration enforcement, the package passed with limited bipartisan support.

Why Is the Government Shutdown Ending?

Compared to the 43-day shutdown in 2025, this disruption was relatively brief. Still, it temporarily slowed congressional momentum on key issues such as digital asset regulation.

With the shutdown ending, the US Bureau of Labor Statistics is expected to release the January jobs report. Unemployment data could play a decisive short-term role in Federal Reserve policy and broader risk markets.

Why Did Bitcoin Start Rising?

News that the shutdown would soon end pushed Bitcoin (BTC) up about 2%, lifting the price to around $74,620.

Markets had been concerned this interruption might drag on like the 43-day standoff in 2025. But the real driver isn’t just the budget.

A reopening government means January employment data—expected Friday—can be released on schedule. The Bureau of Labor Statistics (BLS) report directly influences macro policy through unemployment figures, and ultimately Fed rate decisions. With visibility returning, investors increased risk exposure.

Crypto Legislation Update: What Is the Senate Doing?

Meanwhile, uncertainty remains around digital asset legislation.

Last week, the Senate Agriculture Committee approved a crypto market structure bill strictly along party lines. None of the amendments proposed by Democratic senators were included.

The Senate Banking Committee postponed its markup after Coinbase CEO Brian Armstrong said he would not support the bill in its current form. This signals that a full consensus between industry leaders and regulators has yet to emerge.

Although discussions reportedly continue behind closed doors, there is still no confirmed date for the next committee session. With President Trump prioritizing federal funding talks, regulatory negotiations are now competing for limited legislative bandwidth.

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