🇺🇸 U.S. Senate Passes Temporary Funding Bill — Government Operations Extended to January 30
The U.S. Senate has passed a short-term funding bill to keep government operations running until January 30, temporarily averting the risk of a shutdown. The measure still requires House approval and the President’s signature to take effect.
📊 Market Reaction:
Following the announcement, Bitcoin (BTC) traded steadily near $103,000, showing a cautious recovery in the Asian session after earlier weakness. Broader markets remained mixed as investors assessed the impact on liquidity and macro risk sentiment.
📉 Weak ADP employment and NFIB small business data signaled slowing U.S. growth, while traders awaited key CPI and FOMC updates for direction on the Federal Reserve’s next policy moves.
📈 Analysts noted that while short-term volatility is likely, rate-cut expectations and strong corporate earnings could continue to support risk assets through year-end.$BTC $XRP
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