The US government enters a technical shutdown over the weekend window, BTC falls below $83,000, raising market concerns about increased volatility.
PANews, January 31 – According to CoinDesk, due to the failure to approve the US budget before the deadline, the federal government has entered a partial shutdown, causing market sentiment in the crypto sector to turn cautious. Bitcoin and Ethereum have come under pressure and retreated, with BTC falling below the $83,000 mark. Although the Senate has passed a temporary funding bill, it still awaits a vote in the House of Representatives when it reconvenes next Monday, resulting in a "technical shutdown" over the weekend. Against this backdrop, traders have already adjusted their positions in advance, adopting defensive strategies before the House vote outcome is determined. Analysis points out that the government shutdown itself has limited impact on the macroeconomy, but in an environment of weak weekend liquidity and intensive political news, it may amplify short-term volatility in the crypto market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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