Bitcoin Edges Higher as U.S. Government Shutdown Ends — Market Talk
Bitcoin edges higher after the House passed a spending packing to end the record-long U.S. government shutdown. President Trump signed the bill into law late Wednesday. It will provide the government with funding through Jan. 30. However, uncertainty remains elevated, helping to limit bitcoin's gains. Official data will resume with the government reopening but the timing and reliability of releases is unclear. The data are key to determining interest-rate cut expectations ahead of the Federal Reserve's decision in December. Bitcoin rises 1.5% to $103,416, LSEG data show. ([email protected])