U.S. Government Shutdown Nears Resolution as Senate Advances Funding Bill
The U.S. Senate has taken a decisive step toward ending the record 41-day government shutdown, with eight Democrats crossing party lines to support a bipartisan continuing resolution. The bill, which funds federal agencies through January 30, 2026, now moves to the House for final approval.
Prediction markets reacted swiftly to the political breakthrough. Polymarket's resolution probability surged to 95%, up from 60% just 24 hours prior. Traders aggressively closed 'No' positions as Optimism mounted, reflecting in early market movements across traditional and digital asset classes.
The shutdown's potential conclusion appears to be alleviating default concerns, with the dollar showing modest weakness while equity and cryptocurrency futures point to opening gains. This event marks another instance where prediction markets anticipated official developments, demonstrating their growing influence in pricing political risk.
