Good news finally from Washington.

After more than a month of government shutdown, there was substantial progress last night. The Democrats relented and agreed to remove the most controversial healthcare provision from the temporary budget, on the condition that the tax credits in the Affordable Care Act are extended for another year. Once this compromise was announced, the deadlock in bipartisan negotiations was broken.

The Republicans still complained publicly, but privately, contacts have obviously increased. After all, over four million federal employees are not receiving paychecks, and no one can bear that pressure. Trump was smart this time, staying mostly silent and letting public opinion focus on the current administration. After Schumer proposed a specific plan, members of both parties could be seen shaking hands and chatting in the Capitol corridor.

Market response? It was swift. U.S. stock futures surged, the dollar index strengthened, and U.S. Treasury yields fell accordingly. Wall Street is showing its confidence with real money—if the political deadlock drags on, the Christmas shopping season could be affected, and Q4 GDP figures might take a big hit.

**What does this mean for the crypto world?**

Government agencies are likely to resume operations next week. Traditional market risk appetite is improving, which is not bad news for cryptocurrencies:

In the short term, liquidity tensions will ease. Risk asset allocation sentiment will also improve. More importantly, market attention will shift back to economic data and Federal Reserve policies, rather than obsessing over congressional drama.

This week, keep an eye on two things: first, voting progress; second, upcoming economic data releases. Manage your positions carefully during volatile periods—avoid chasing highs or selling lows.

Market changes happen quickly; proceed at your own risk.