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>>Asian markets open with Bitcoin stable and equities varied as Trump signs legislation to reopen the U.S. government.

Asian markets open with Bitcoin stable and equities varied as Trump signs legislation to reopen the U.S. government.

crypthub

11/13/2025, 5:20:23 AM

US Government Funding and Market Reaction

President Trump signed a funding bill that ends the 43‑day shutdown and funds agencies through January, with some departments financed to FY2026. The deal restores federal pay and restarts key nutrition programs. Bitcoin futures were little changed, while the total crypto market cap slipped 1.5% to $3.53 trillion.

Asian and European Equity Markets

Japan’s Nikkei rose 0.5% and the Topix set a record as investors moved from frothy AI stocks to broader sectors. Hong Kong’s Hang Seng eased from a one‑month high, while Shanghai added 0.1%. European indices hit fresh peaks – the FTSE 100, STOXX 600 and Italy’s FTSE MIB reached record levels. Wall Street split, with the Dow hitting a new high and the Nasdaq slipping.

Commodities and Fixed Income

The US 10‑year Treasury yield hovered near 4.07% after an earlier bond‑buying surge faded. Gold stayed firm above $4,200 as safe‑haven demand receded. Brent crude slipped to a three‑week low around $62.48 per barrel following OPEC’s outlook for a modest 2026 surplus, easing energy prices.

Crypto Outlook

Fiscal clarity removes a headline risk, but Bitcoin remains flat and liquidity stays thin. Traders are watching upcoming US data for clues on interest‑rate direction. Regulators can now resume ETF reviews and broader digital‑asset oversight. Market sentiment is cautiously relieved, with investors positioning selectively.