U.S. House Vote to Avert Shutdown Sends Bitcoin Higher
The U.S. House plans to vote on a funding bill today that could reopen the government after more than 40 days of shutdown, and crypto markets have responded positively. Bitcoin saw gains as traders dialed back some of the political risk premium, reflecting a short-term shift toward risk-on positioning ahead of the procedural vote. Market participants noted that the mere prospect of resumed government operations reduced a key macro tail risk.
Why it matters: a restart would ease fiscal uncertainty and could restore normal market flows into higher-risk assets like crypto, supporting sentiment and liquidity in the near term. That said, analysts caution that outcomes still depend on the vote and any follow-up negotiations; a failed vote would likely reverse gains. For now, Bitcoin and broader crypto traders will be watching Capitol developments closely as a driver of near-term price momentum.