US Government Shutdown at 35 Days: Thune’s Short-Term Funding Plan with ACA Subsidy Vote Sparks Market Liquidity Drop

COINOTAG News, citing The Wall Street Journal, reports that as of November 5 the U.S. government shutdown has endured for 35 days, tying the record set in 2018-2019. The protracted stalemate is reverberating through crypto markets, with liquidity tightening across risk assets and analysts noting a pressure profile similar to multiple rate hikes that weighs on valuations and volatility.

Senate Majority Leader John Thune floated a plan to couple a short-term funding bill with a vote on extending ACA subsidies, a pragmatic compromise aimed at breaking the deadlock and stabilizing the liquidity environment that underpins digital-asset pricing and market sentiment.

Although some Republicans express confidence about a near-term resolution, intra-party divisions and broader political maneuvering add uncertainty to the timeline, underscoring how macro policy risk can spill into digital assets and influence risk-off dynamics and liquidity metrics across crypto desks.