โ๐จ๐บ๐ธ The U.S. government shutdown has officially ended!
The Senate voted โ (60โ40) to end the shutdown,
And with this, the U.S. government will reopen its doors again in the coming days ๐
But why is this news very important? ๐๐ฅ
1๏ธโฃ The U.S. Treasury cash balance (TGA) is close to 953 billion dollars ๐ฐ
With the return of government spending, this liquidity will return to the markets
At the same time, the Federal Reserve is preparing to end its tightening policy in December ๐
2๏ธโฃ Historically, every time government spending opens with Federal easing, the markets explode ๐
3๏ธโฃ The SEC will start working again, which means we might hear news about new ETFs for alternative currencies soon ๐
4๏ธโฃ The crypto-friendly bills that were pending in Congress will move forward again โ
In short ๐
๐ธ Financial liquidity has opened up
๐ฆ Monetary tightening is close to ending
โ๏ธ And crypto regulation will accelerate
๐ Liquidity is returning to the marketโฆ and the next phase could be the major turning point! ๐๐ฅ
