The US government shutdown is about to end! The bipartisan Senate passed a “temporary spending bill,” and Trump’s cryptocurrency WLFI surged 30%.

On the evening of the 9th, a procedural measure to advance the bill was passed with 60 votes in favor and 40 against, putting a pause on the longest government shutdown in history, lasting 40 days.

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beautifulThe U.S. Senate passed a temporary spending bill in a procedural vote on the evening of November 9th , with 60 votes in favor and 40 against. This passed a procedural measure to advance the bill, pausing the longest government shutdown in history at 40 days. However, the bill still needs to be voted on by the House of Representatives and signed by President Trump. The reopening of federal agencies immediately brought relief to global markets, and memes, with their political connotations, also rallied: Trump Coin (TRUMP) jumped by more than 10% at one point, while Star series tokens (STAR), also politically themed, reacted relatively calmly, indicating selective focus of funds.

Temporary agreement to defuse bombs, political divisions persist.

This agreement provides full-year funding for agencies such as Agriculture and the Department of Veterans Affairs, while extending the funding period for other agencies only until January 30th, and also includes back pay for furloughed employees. The defection of moderate Democrats pushed the bill through, but controversies surrounding Obamacare subsidies remain unresolved, leaving House conservative Republicans dissatisfied. Thanksgiving travel pressures and local election results accelerated negotiations, but failed to resolve deep-seated conflicts, foreshadowing another round of budget wrangling soon.

After the Senate formally passed the bill in the evening, the cryptocurrency market reacted directly. Trump’s coin WLFI saw a 30% increase, STAR saw a nearly 20% increase, and Bitcoin broke through the $106,000 range. It can be said that altcoins have seen a short-term partial recovery, but the impact is limited.

图片[2]-The US government shutdown is about to end! The bipartisan Senate passed a “temporary spending bill,” and Trump’s cryptocurrency WLFI surged 30%.-OzABC

Long-term challenges after a brief period of calm

While the shutdown has temporarily ended, high inflation, rising unemployment, and a fiscal budget vacuum continue to leave the Federal Reserve’s policy decisions in a state of flux. The obstruction of economic data releases increases the risk of misjudgment in monetary policy. The bargaining over legislative details continues, such as refusing to cut international food aid and restricting the sale of cannabis products containing marijuana, highlighting policy fragmentation.

For investors, any movement in Washington could reignite volatility. The surge in Trump-related cryptocurrencies serves as a reminder that sentiment-driven assets can amplify political signals in an instant; while the subdued performance of STAR tokens demonstrates that without a compelling narrative, attention is hard to gain. As the next budget deadline approaches, traditional finance and the crypto market may once again be forced to synchronize their “political rallies.”

The government’s reopening has eased short-term risks, but fundamental disagreements remain unresolved. Investors should be aware that the uncertainty surrounding the US political situation will continue to have a long-term impact on economic data, monetary policy, and cryptocurrency speculation.

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