A record long US government shutdown ended Wednesday after the House of Representatives passed a spending package that President Trump signed into law, restoring federal operations after 43 days of paralysis.
US Government Shutdown Ends as Data Gaps Loom; Major Coins Nudge Higher
13 November 2025 - 10:36 CET
By Sandmark staff
The shutdown, the longest in US history, left hundreds of thousands of federal employees without pay, disrupted flights nationwide, and halted the release of critical economic data, including inflation and employment reports. A coalition of Democratic and Republican lawmakers reached a compromise earlier in the week to temporarily resolve policy differences that had prevented Congress from approving a budget.
The reopening lifted a major cloud over markets. During the European morning, US stock futures were slightly up while Bitcoin and Ether (ETH) both posted gains and XRP climbed more than 4 percent since Wednesday.
The hangover to come
While investors welcomed the end of the shutdown, the full fallout six weeks of frozen economic data collection and government spending remains unclear.
The White House said key October reports on employment and inflation are unlikely to be released because the Bureau of Labor Statistics government researchers were unable to gather data during the closure. Economists warn that the information gap will complicate the Federal Reserve’s assessment of the economy ahead of its December policy meeting.
The White House was quick to blame Democratic lawmakers for the shutdown, as each side continued to trade barbs despite the bipartisan cooperation.
“The Democrats may have permanently damaged the Federal Statistical system with October CPI and jobs reports likely never being released... leaving our policymakers at the Fed flying blind at a critical period,” Press Secretary Karoline Leavitt said on Wednesday.
Navigating without a compass
The resumption of work will allow agencies to begin clearing a backlog of reports, but the process will take weeks. The Bureau of Labor Statistics plans to publish the delayed September jobs report in the coming days, using data collected before the shutdown began on 1 Oct.
Revised calendars for other releases, including producer prices and retail sales, will follow once agencies assess the extent of the disruption.
Early estimates from KPMG and Barclays suggest the shutdown cost the US economy billions of dollars in lost productivity and revenue. For crypto markets, the end of the shutdown may offer a brief beacon of optimism, but future trading calculus may hinge on what the government does next now that it has reopened for business.
