BlockBeats News, November 13: President Trump of the United States signed a temporary funding bill, officially ending the longest government shutdown in U.S. history, lasting six weeks. The bill will provide funding for the federal government until January 30, 2026, avoiding the short-term economic shutdown risk. However, the White House warned that the October non-farm payroll and CPI reports may be permanently missing due to the shutdown, leaving the Federal Reserve in a “blind flight” state regarding whether to further cut interest rates in December. Currently, the market generally expects that the U.S. bond yields may remain downward, and the U.S. dollar index may come under short-term pressure.
For the cryptocurrency market, the “information vacuum period” formed by this policy and data gap will make funds more inclined to avoid the uncertainty of traditional financial assets. Bitcoin (BTC) briefly rebounded to $102,177 after the news was announced, with short-term support at $101,325 and pressure concentrated around $107,362. Structurally, it shows that the main funds are still accumulating in the oscillation range, and the market has not yet shown a trend breakthrough signal.
Bitunix Analyst Opinion: The government restart symbolizes short-term confidence restoration, but the potential data vacuum and the risk of another shutdown will continue to dominate market expectations. The macroeconomic outlook is currently in a wait-and-see period, and market liquidity is refocusing on high-volatility assets. The cryptocurrency market may benefit in the short term from hedging and arbitrage demand. Investors should pay attention to the subtle adjustments in the U.S. dollar trend and interest rate expectations, as this will be key to the next round of fund direction changes.
