Nasdaq, NYSE Remain Operational During Federal Closure

The U.S. stock market, operated by Nasdaq and NYSE, announced it will remain open on December 24 and 26, despite a federal government closure ordered by then-President Trump.

This decision means equity trading continues, potentially influencing liquidity and risk sentiment; however, direct impacts on BTC, ETH, or altcoins remain limited.

Federal Closure Doesn’t Halt Nasdaq and NYSE Operations

Key Developments, Impact, and Reactions

President Trump authorized the closure of the federal government on December 24 and 26, affecting federal operations around Christmas. Despite this, Nasdaq and the NYSE confirmed continued operations, ensuring continuity in market transactions. By keeping regular trading hours, they avoid the ripple effects often associated with trading suspensions.

The decision means normal trading for cryptocurrency-related stocks such as Coinbase and MicroStrategy on these dates, preventing potential price volatility linked to unexpected downtime. The consistent schedule aids traders and institutional investors in maintaining liquidity strategies, especially given the seasonal market conditions.

Major crypto leaders and organizations have not issued direct comments about this holiday schedule choice. However, market participants anticipate uninterrupted trading in Bitcoin-exposed equities, which can affect sentiment in the broader crypto market.

Bitcoin’s Volatility Amid Continued Stock Trading Days

Did you know? In past scenarios where U.S. stock exchanges operated during federal holidays, the market often saw minor trading volume fluctuations, spotlighting the divergence between public operations and private market activities.

Bitcoin (BTC) holds a value of $85,397.24, with a market cap of $1.70 trillion and a dominance of 59.19%. Notable recent changes see Bitcoin down by 0.77% over the last 24 hours, and 26.12% in the past 90 days, indicating ongoing volatility. Data sourced from CoinMarketCap.

Insights from the Coincu research team highlight a need for caution among investors amid fluctuations in Bitcoin-related equities. Factors such as liquidity and market readiness during these holiday trading periods necessitate strategic positioning with a keen eye on macroeconomic signals.