News

BlockBeats News, November 13, U.S. President Trump signed a temporary funding bill, officially ending the longest government shutdown in U.S. history, which lasted six weeks. The bill will provide funding for the federal government until January 30, 2026, avoiding the risk of a short-term economic shutdown. However, the White House warned that the October non-farm payrolls and CPI reports may be permanently missing due to the shutdown, leaving the Federal Reserve in a "blind flight" state when deciding whether to cut rates further in December. Currently, the market generally expects U.S. Treasury yields to remain on a downward trend, and the U.S. dollar index to be under short-term pressure. For the crypto market, this "information vacuum period" caused by policy and data gaps will make funds more inclined to avoid the uncertainty of traditional financial assets. Bitcoin (BTC) rebounded to $102,177 after the news was released, with short-term support at $101,325 and resistance concentrated at $107,362. Structurally, it shows that major funds are still accumulating within the consolidation range, and the market has not yet shown a signal of a trend breakout. Bitunix analyst's view: The government restart symbolizes a short-term restoration of confidence, but the potential data vacuum and risk of another shutdown will continue to dominate market expectations. The macro environment has temporarily entered a wait-and-see period, with market liquidity refocusing on high-volatility assets. The crypto market may benefit in the short term from hedging and arbitrage demand. Investors should pay attention to the pace of adjustments in the U.S. dollar trend and interest rate expectations, as this will be key to the next shift in capital direction.