Bitcoin News Today: Bipartisan Shutdown Pact Stalls on Healthcare Rift and Trump Tariff Hurdles

U.S. lawmakers are inching closer to resolving a 40-day government shutdown—the longest in modern history—with a bipartisan deal to fund federal operations through January 30, according to multiple sources. The agreement, negotiated by a mix of Democratic and Republican senators, includes commitments to hold a December vote on extending Affordable Care Act (ACA) tax credits and reverses recent controversial firings of federal employees by President Donald Trump, as reported by WJLA. However, House Democrats remain divided, with leaders like Rep. Ritchie Torres criticizing the deal as insufficient on healthcare costs, as noted in a separate Katu report.

The shutdown has already disrupted critical economic data releases, including labor market and inflation reports, leaving policymakers without key metrics to guide decisions. Economists warn that prolonged uncertainty could delay Federal Reserve actions and dampen investor confidence, as noted in the WJLA coverage. The Senate's proposed funding package combines three full-year appropriations bills with a stopgap measure, aiming to clear the 60-vote threshold for passage. Yet, finalizing the text faces hurdles, including unresolved disputes over healthcare provisions and potential objections from rank-and-file senators, as reported by Katu.

Markets have shown mixed reactions. Cryptocurrencies like Bitcoin and Ethereum surged over 4% following reports of the Senate deal, with Bitcoin briefly exceeding $106,000 for the first time in weeks, as reported by Yahoo Finance. Analysts attribute the rally to easing geopolitical risks and optimism about renewed economic data flows. "The removal of this overhang paves the way for risk assets to price in a favorable macro environment," said Peter Chung of Presto Research, as reported by TheBlock. However, crypto funds continued to see outflows, with Bitcoin ETFs losing $1.22 billion last week amid broader macroeconomic uncertainties, as reported by CryptoNews.

The cocoa processing market, meanwhile, remains insulated from the political turmoil, with projections of steady growth through 2033 driven by rising demand for premium chocolate and sustainable sourcing, as noted in a Yahoo Finance report. In contrast, semiconductor stocks like Micron Technology faced volatility after a Wells Fargo analyst raised its price target, only to see shares retreat 4.8% amid sector-wide jitters, as reported by Ad-Hoc News.

The path forward remains fraught. While the Senate appears poised to pass the funding bill, House Republicans have expressed reservations about extending ACA subsidies, and a single senator could still delay votes by challenging procedural timelines, as reported by Katu. President Trump's recent proposal to distribute tariff revenues as $2,000 dividend payments to Americans has further complicated negotiations, adding another layer of uncertainty, as reported by TheBlock.

With economic data pipelines at risk of prolonged disruption, the stakes for a swift resolution are high. Failure to pass the deal could force the Fed into policy decisions with incomplete information, potentially exacerbating market instability. For now, traders are closely watching for final Senate approval, upcoming inflation data, and signs of institutional inflows into crypto assets, as reported by TheBlock.