U.S. government enters partial shutdown, here's how it impacts bitcoin and ether
A partial U.S. government shutdown began, adding uncertainty to crypto markets where Bitcoin and Ether prices fell ahead of a key Monday House vote.Summary
The U.S. government entered a partial shutdown after lawmakers missed a midnight funding deadline, increasing pressure on crypto prices already struggling to find bids. Bitcoin traded near $83,559, down about 6.8% for the week, while Ether was near $2,686, down 9% for the week. The shutdown is expected to be short, as the Senate passed a funding package, but the House is adjourned until Monday, creating a technical lapse over the weekend. This timing coincides with thin weekend liquidity and a heavy news cycle, potentially pressuring the crypto market. Furthermore, the ambiguity surrounding the definition of a "shutdown" tested prediction markets like Polymarket and Kalshi. For crypto traders, the shutdown headline acts more as a sentiment stress test, encouraging caution and smaller positions rather than causing a direct economic shock.
(Source：CoinDesk)