LTC Shows Resilience as U.S. Government Shutdown Ends

The recent end of the U.S. government shutdown has brought a wave of optimism across financial markets, including the cryptocurrency sector. Bitcoin and Ethereum experienced slight gains following the resolution, highlighting the market's sensitivity to macroeconomic stability. Litecoin (LTC), often seen as a resilient digital asset, is poised to benefit from the renewed confidence in the financial ecosystem. With the government now fully operational until January 2026, investors are closely watching how cryptocurrencies like LTC will perform in this stabilized environment. This development underscores the growing interplay between traditional finance and digital assets, with LTC potentially leading the charge in the altcoin space.

U.S. Government Shutdown Ends, Bitcoin and Ethereum See Slight Gains

President Donald TRUMP signed a funding bill passed by the House of Representatives, ending the longest U.S. government shutdown in history after 43 days. The bill, approved 222-209, ensures government operations continue through January 30, 2026, and reinstates pay for over 800,000 furloughed workers.

The shutdown caused significant disruptions, including 20,000 canceled flights and halted services. Financial markets responded positively to the resolution, with Bitcoin (BTC) and ethereum (ETH) posting slight gains. The broader cryptocurrency market, including assets like Litecoin (LTC) and Ripple (XRP), also saw muted but optimistic movements.

Market participants had anticipated the shutdown's end, but the bipartisan friction over healthcare subsidies underscored lingering economic uncertainties. Cryptocurrencies, often viewed as a hedge against traditional market volatility, maintained their resilience amid the political turmoil.

Nasdaq Certification Fuels Expectations for First US XRP ETF

Anticipation is building across the crypto market as Nasdaq has formally certified the listing of Canary Capital’s spot XRP ETF. This marks a major step toward what could become the first US-listed exchange-traded product backed directly by XRP.

On Wednesday, Nasdaq notified the Securities and Exchange Commission that it had processed the FORM 8-A registration for the Canary XRP ETF, trading under the ticker XRPC. Bloomberg ETF analyst Eric Balchunas shared the update, noting that the listing notice had arrived and that a Thursday launch appears likely, pending final SEC clearance.

Despite growing confidence from analysts, the regulator has not yet issued the final green light. Nate Geraci of NovaDius Wealth Management highlighted that Canary has already launched its website for the product, signaling near-readiness. If approved, XRPC would join Bitcoin, Ether, Solana, Litecoin, and Hedera as the sixth single-asset crypto ETF in the US.

Bitcoin Holds Steady Near $104K as Market Eyes Potential Upside Move

Bitcoin maintained its position just below the $104,000 threshold during Asian trading hours, with market sentiment remaining cautious. The Fear and Greed Index registered at 25, reflecting investor apprehension. Liquidity dynamics suggest a potential upward surge, as thin support below current levels contrasts with billions in short liquidations stacked between $103,700 and $108,000.

Ethereum, Solana, Ripple, and Litecoin posted modest gains, while The Story (IP) token led advancers with a 12% rally. Aerodrome Finance (AERO) slumped 15%, bucking the broader market's 0.39% capitalization rise to $3.49 trillion. Analysts anticipate altcoins may test October highs before a corrective phase.