- US President Trump signed a funding bill preventing a shutdown.
- Federal operations funded until September 2026.
- No direct impact on cryptocurrencies reported.
US President Donald Trump signed a six-month funding bill into law, avoiding an extended government shutdown and securing federal government operations through September 30, 2026.
The decision mitigates potential economic disruptions while maintaining fiscal stability, yet no direct impact on cryptocurrencies like BTC or ETH is evident from current government statements.
Trump Extends Federal Funding Through 2026
President Trump signed a funding bill on November 13, avoiding a potential government shutdown. The bill ensures federal funding through September 2026. Many leaders, including Harrison Fields, supported this move to stabilize governmental operations.
The bill maintains most previous funding levels with minor adjustments: approx. $13 billion cut in non-defense and $6 billion increase in defense. This decision aims to sustain government services while managing budget concerns.
Reactions varied, with notable comments from Senate Minority Leader Chuck Schumer, who stated, “A shutdown will allow DOGE to shift into overdrive.” The market displayed subdued reactions, awaiting more developments.
Historical Shutdown Impacts on Financial Markets
Did you know? The US experienced its longest shutdown from late 2018 to early 2019 at 35 days, marking a significant point of contention in recent politics.
Dogecoin (DOGE), priced at $0.17, holds a market cap of $25.97 billion, with a 24-hour trading volume of $1.77 billion (down 4.98%). Recent DOGE price changes: 24 hours down 0.42%, seven days up 2.44%, and 30 days down 17.53%, per CoinMarketCap data.
Insights from the Coincu research team suggest that prolonged funding stability could ease financial uncertainties. Historical trends show that government resolutions often correlate with economic predictability, potentially stabilizing key sectors including technology and defense, which could eventually influence crypto sentiment indirectly.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/news/trump-signs-funding-bill-2026/
