NewsletterBreaking: U.S. House To Vote On Bill To End Government Shutdown Today, Bitcoin Rises
Highlights
- The U.S. House will vote on the bill by 7 pm ET.
- The government shutdown could end today if the bill passes.
- Bitcoin has surged in anticipation of the government reopening.
The U.S. government shutdown could end today after over 40 days, with the House set to vote on the funding bill. Bitcoin, alongside the crypto market, is up in anticipation of the government reopening, which marks a positive for these risk assets.
U.S House Vote To End Government Shutdown To Hold Today
U.S. House majority leader Rep. Steve Scalise confirmed in a CNBC interview that the House will vote on the bill to end the shutdown at around 7 pm ET today. The bill’s passage will bring the government one step closer to reopening, pending U.S. President Donald Trump’s signature.
This development comes just after the House Rules Committee approved the Senate-passed funding bill to end the government shutdown, now in its 43rd day. The House is likely to also pass the bill on the House floor, despite pushback from Democrats over the lack of additional health care funding.
House Speaker Mike Johnson asserted that the shutdown is ending tonight, as they are very optimistic about the vote tally tonight. Furthermore, Polymarket data shows that there is a 98% chance that the shutdown could end by today. Meanwhile, the crypto market has again rebounded in anticipation of the government reopening this week.
The Bitcoin price rallied to $105,000 earlier today and is now hovering just below that psychological level. Ethereum and other altcoins have also risen alongside the flagship crypto in anticipation of the end of the government shutdown.
Notably, market expert Raoul Pal had earlier explained how the government reopening was bullish for Bitcoin and other crypto assets as more liquidity could flow into them, especially with quantitative easing (QE) on the horizon. He stated that as soon as the shutdown ends, the U.S. Treasury will begin spending $250 billion to $350 billion in a couple of months.
I know no one wants to hear bullish ideas and everyone is scared and wants to fling poo at each other… but the Road to Valhalla is getting very close.
If global liquidity is the single most dominant macro factor then we MUST focus on that.
REMEMBER – THE ONLY GAME IN TOWN IS… pic.twitter.com/WXhqd23ec9
— Raoul Pal (@RaoulGMI) November 4, 2025
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