House Passes $1.2 Trillion Bill to End Four-Day Government Shutdown

TLDR

• US House approved a $1.2 trillion government funding bill on Tuesday with a 217-214 vote, ending a four-day partial shutdown
• The legislation funds most federal agencies through September 30, but Department of Homeland Security only gets two weeks of funding
• Bitcoin climbed 2% to $74,620 after the House vote, recovering from an earlier low of $72,800
• Trump is expected to sign the bill into law, allowing the government to resume normal operations
• Senate discussions on crypto market structure legislation continue, with Banking Committee markup still pending after Coinbase CEO objections

The US House of Representatives voted Tuesday to end a four-day partial government shutdown. The $1.2 trillion funding package passed with a narrow 217-214 margin.

The Senate had previously approved the measure. President Donald Trump is expected to sign it into law.

The bill funds most federal agencies through September 30. The Department of Homeland Security received only two weeks of funding.

Lawmakers will need to negotiate additional funding for Immigration and Customs Enforcement and Border Patrol. Some Democrats voted in favor despite concerns about immigration enforcement policies in the bill.

This shutdown lasted just four days and only partially limited operations. The 2025 government shutdown lasted 43 days by comparison.

That longer closure delayed work on several legislative priorities. Digital asset market structure bills were among the measures affected.

Bitcoin Climbs After Funding Bill Passes

Cryptocurrency markets responded positively to the shutdown resolution. Bitcoin rose approximately 2% to reach $74,620 following the House vote.

The price increase came after Bitcoin dropped to $72,800 earlier Tuesday. That level represented the lowest price since before Trump’s November 2024 election win.

The recovery stopped a sharp decline across crypto markets. Bitcoin still traded down 4.5% over a 24-hour period at $74,800.

Ether fell 7% to $2,181 over the same timeframe. The cryptocurrency dropped 26% over the previous week.

XRP and Solana experienced similar price declines. Traditional stock markets also recovered from daily lows but remained in negative territory.

The Nasdaq dropped 2% while the S&P 500 declined 1.3%. The government reopening means the Bureau of Labor Statistics will likely release January’s jobs report.

Crypto Legislation Remains Under Review

The Senate Agriculture Committee voted on digital asset market structure legislation last week. The vote split along party lines with no Democratic amendments added.

Industry observers view this as one of the most important crypto and banking bills under consideration. The Senate Banking Committee handles the Securities and Exchange Commission portion of the legislation.

Coinbase CEO Brian Armstrong said he would not support the bill in its current form. The Banking Committee postponed its markup session following Armstrong’s statement.

Reports suggest lawmakers continue meeting to discuss the bill. The committee has not announced a new markup date as of Tuesday.

The jobs report can influence US economic policy and financial markets. Unemployment figures often affect decisions by policymakers and investors.

Congress can now resume work on pending legislation with the shutdown resolved. The short-term Homeland Security funding creates an immediate deadline for budget negotiations.

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