TLDR
- The U.S. House of Representatives approved a $1.2 trillion funding measure by a narrow 217-214 vote, bringing an end to a four-day partial government shutdown.
- President Donald Trump is anticipated to sign the legislation, which provides funding for the majority of federal agencies until September 30.
- The Department of Homeland Security was allocated only two weeks of funding, necessitating further discussions regarding the budgets for ICE and Border Patrol.
- Bitcoin saw an approximate 2% increase, reaching $74,620, after the bill’s passage was announced, having previously fallen to $72,800 earlier in the day.
- The Senate is still engaged in discussions concerning digital asset market structure legislation, and the Banking Committee’s markup session remains unscheduled following opposition to the current version from the Coinbase CEO.
On Tuesday, the U.S. House of Representatives endorsed a funding package aimed at restoring operations for most federal agencies, concluding a four-day partial government shutdown. The legislative body passed the $1.2 trillion bill with a slim 217-214 majority.
US Senate has passed government funding bill to end the shutdown.
— Ted (@TedPillows)
The Senate had previously given its approval to the measure. President Donald Trump is anticipated to sign the legislation, thereby reopening the government.
This funding package is designed to sustain most federal operations until September 30. Nevertheless, the Department of Homeland Security was granted funding for only a fortnight.
The limited duration of this funding implies that legislators will need to reconvene to deliberate on the budgets for Immigration and Customs Enforcement and Border Patrol. Democrats offered some backing for the bill, notwithstanding their reservations about certain immigration enforcement clauses.
The four-day shutdown resulted in only a partial curtailment of government functions. This incident was considerably briefer than the 43-day shutdown experienced in 2025.
The more extended shutdown had previously stalled congressional progress on various bills. Legislation pertaining to digital asset market structure was one such measure that faced delays.
Bitcoin Price Rebounds on Shutdown News
showed a favorable response to the news of the funding bill. The cryptocurrency climbed by roughly 2%, reaching $74,620 following the House vote.
Earlier that day, Bitcoin had declined to $72,800. This represented its lowest point since prior to Trump’s electoral win in November 2024.
The rebound in price stemmed what analysts characterized as a panicked decline in cryptocurrency markets. Even at $74,800, Bitcoin was still down 4.5% over a 24-hour period.
Ether was trading at $2,181, marking a 7% decrease over the identical timeframe. The cryptocurrency also experienced a 26% fall over the preceding week.
Other prominent cryptocurrencies, including XRP and Solana, observed comparable reductions. U.S. stock markets also recovered from their daily lows but concluded the day in negative territory.
The Nasdaq registered a 2% decrease, while the S&P 500 dropped by 1.3%. The resumption of government operations is expected to lead to the publication of January’s jobs report by the U.S. Bureau of Labor Statistics.
The report was originally slated for release on Friday. Unemployment figures contained within these reports have the potential to influence U.S. economic policy and financial markets.
Crypto Legislation Still Under Discussion
Last week, the Senate Agriculture Committee cast its vote on a bill concerning digital asset market structure. The vote proceeded along partisan divisions, with no Democratic amendments incorporated.
This legislative proposal is anticipated to be among the most significant bills impacting both the cryptocurrency and banking industries. The Senate Banking Committee will be responsible for the iteration that pertains to the Securities and Exchange Commission.
The Banking Committee deferred its markup session after Coinbase CEO Brian Armstrong expressed opposition to the current draft of the bill. Armstrong declared his unwillingness to endorse the legislation in its present form.
Reports suggest that legislators are still convening to deliberate on the bill. As of Tuesday, the committee had not yet set a new date for the markup session.
The conclusion of the shutdown enables Congress to recommence its work on this legislation. The temporary funding shortfall for Homeland Security implies that lawmakers will confront immediate budget negotiations in the forthcoming weeks.
