Trump Signs $1.2 Trillion Spending Bill, Crypto Markets Rally on Reduced Uncertainty
President Donald Trump ended a four-day government shutdown by signing the $1.2 trillion Consolidated Appropriations Act of 2026. The bill passed narrowly in the House (217-215) and funds federal agencies through September 30. Crypto markets reacted positively, with bitcoin leading gains as political uncertainty eased.
Key provisions include $10 billion in foreign aid cuts, elimination of NPR/PBS funding, military pay raises, and increased deportation flight budgets. The closure of USAID was confirmed—a MOVE celebrated by fiscal conservatives. Markets interpreted the resolution as reducing near-term macroeconomic risks.
Traders noted liquidity inflows into BTC, ETH, and SOL amid the news. Bybit and Binance saw heightened derivatives activity, particularly in BTC perpetual swaps. The bill’s emphasis on fiscal restraint aligns with crypto’s anti-inflation narrative—a theme gaining traction among institutional investors.
