US President Donald Trump has signed a six-month funding bill into law, effectively avoiding an extended government shutdown and securing federal government operations through September 30, 2026. This decision aims to mitigate potential economic disruptions while maintaining fiscal stability. However, there is currently no direct impact on cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) evident from government statements.
### Trump Extends Federal Funding Through 2026
On November 13, President Trump signed a funding bill that prevents a potential government shutdown. The bill ensures federal funding will continue through September 2026. This move received widespread support from various leaders, including Harrison Fields, who emphasized the importance of stabilizing governmental operations.
The bill largely maintains previous funding levels, with some adjustments: approximately $13 billion cut from non-defense spending and a $6 billion increase in defense allocations. The primary goal is to sustain government services while managing budget concerns effectively.
Reactions to the bill were mixed. Senate Minority Leader Chuck Schumer notably commented, “A shutdown will allow DOGE to shift into overdrive.” Despite such remarks, the market response remained subdued as investors awaited further developments.
### Historical Shutdown Impacts on Financial Markets
The United States experienced its longest government shutdown from late 2018 to early 2019, lasting 35 days. This period marked a significant point of contention in recent political history and had various economic implications.
### Dogecoin (DOGE) Market Snapshot
– **Current Price:** $0.17
– **Market Cap:** $25.97 billion
– **24-Hour Trading Volume:** $1.77 billion (down 4.98%)
Recent price changes for DOGE include:
– 24 hours: down 0.42%
– 7 days: up 2.44%
– 30 days: down 17.53%
*Source: CoinMarketCap*
While the funding bill brings stability to federal operations, cryptocurrency markets like DOGE continue to be influenced by broader market trends and investor sentiment.
https://bitcoinethereumnews.com/tech/trump-signs-funding-bill-to-prevent-government-shutdown/