Asia Market Update: Bitcoin Remains Stable as Stocks Show Mixed Results Following Government Reopening

Bitcoin remained steady on Thursday while stock markets across Asia experienced a mixed session. This follows President Donald Trump's signing of a funding package aimed at reopening the US government, thus putting an end to the longest government shutdown in history.

Key Takeaways

Bitcoin is steady at $101,839, while stocks in Asia show mixed performance.
President Trump signed a funding bill that reopens the US government after a 43-day stalemate.
Key stocks in Asia show varying results, with Japan's markets performing well.
Economic data releases in the US are anticipated, which may influence interest rate outlooks.
The end of the government shutdown allows regulators to resume oversight of financial markets and digital assets.

Bitcoin

Main Content

Bitcoin managed to hold its ground on Thursday, while Asian stock markets showcased a mixed performance against the backdrop of President Donald Trump’s approval of a funding package that reopens the US government, effectively bringing the longest shutdown in US history to a close.

The House of Representatives passed the deal with a vote of 222 to 209, following a compromise reached by Senate negotiators. This agreement ensures federal agencies are funded through January and provides full-year financing for various departments until the end of fiscal 2026.

The signing of the bill late Wednesday has ended a 43-day deadlock, thereby restoring salaries for federal employees and reinstating essential food and nutrition programs.

In the US, futures did not show significant changes, as investors are currently awaiting the release of normal economic data, which will help clarify the outlook on interest rates.

Markets Overview

Bitcoin: $101,839, down 1.5%
Ether: $3,457, up 0.2%
XRP: $2.47, up 2.8%
Total crypto market cap: $3.53 trillion, down 1.5%

Focus on Upcoming US Economic Reports

Economists expect delayed economic reports to be released next week, focusing particularly on whether these figures reinforce the recent signs of softness in the labor market indicated by private sector surveys.

In Japan, the Nikkei rose by 0.5%, and the Topix climbed almost 1% to reach a record high, as investors shifted their focus from the hottest AI stocks into broader sectors of the economy. In comparison, Hong Kong’s Hang Seng slipped from a one-month peak, while the Shanghai Composite added a modest 0.1%.

On Wall Street, stock performance was mixed. The Dow Jones Industrial Average reached a record high, whereas the Nasdaq saw a decline, reflecting ongoing profit-taking in high-multiple tech stocks. In Europe, the FTSE 100 closed at a record level, supported by gains in banking stocks that also lifted the STOXX 600 to new heights. Italy’s FTSE MIB reached its highest point in nearly 25 years.

Regulatory Implications of the Shutdown’s Conclusion

The end of the government shutdown has diminished some safe-haven moves. The US 10-year Treasury yield remained around 4.07% after a prior bond bid lost momentum. Meanwhile, gold, which had surged nearly 3% overnight, stayed robust above $4,200 during Asian trading hours as traders navigated the reduced risks associated with the shutdown against ongoing macroeconomic uncertainties.

In the energy sector, Brent crude futures have edged down to a three-week low, around $62.48 per barrel, following OPEC's revised outlook indicating a slight surplus for 2026, which tempered the earlier demand narrative that had supported prices.

For cryptocurrency traders, the clarity from federal finances alleviates one area of headline risk, although it may not lead to immediate shifts in trading volumes. With Bitcoin remaining flat and liquidity thin in the initial trading hours, market participants are closely monitoring the restart of US economic data for new signals regarding interest rates and risk appetite.

The conclusion of the shutdown also allows regulators and government agencies to resume normal operations, which is crucial for oversight in digital assets, ETF management, and broader enforcement measures.

Any unexpected findings in the upcoming data releases could potentially alter rate expectations and quickly impact high-risk assets, including cryptocurrencies.

For the moment, the market sentiment is one of cautious relief. The reopening has stabilized overall market sentiment, yet investment strategies are still selective as traders consider the implications of fiscal restart on growth figures, inflation, and the subsequent actions from the Federal Reserve.