US EditionCrypto Market Shaves $100B Amid US Government Shutdown Fears
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14 Articles
What Another US Government Shutdown Could Mean for Bitcoin - Invest In Crypto News
Bitcoin is approaching a key macro event as US lawmakers race to avert another federal government shutdown before the January 30 funding deadline. The market enters this period under pressure, following a failed January rally and a sharp shift in sentiment. Historically, Bitcoin has not behaved as a reliable hedge during US government shutdowns. Instead, price action has tended to follow existing market momentum. Why a US Shutdown Is Back on the…
Bitcoin Price Dips as US Government Shutdown Odds Soar to 78%: Market Volatility Ahead?
Bitcoin (BTC) is once again demonstrating its increasing sensitivity to macroeconomic and political headwinds, with its price experiencing a notable dip amidst surging probabilities of a US government shutdown. As prediction markets now peg the likelihood of a shutdown at a concerning 78%, investors are bracing for potential instability, highlighting the cryptocurrency’s maturation into an asset heavily influenced by traditional financial and po…
$100B Exits Crypto Market As U.S. Government Shutdown Fear Grows
The crypto sector has lost up to $100B over the past 24 hours, while fears are growing about the potential U.S. government shutdown. Hence, the total crypto market capitalization has dipped by 1.38%, reaching $2.96T. However, the 24-hour crypto volume has surged 119.79%, touching $117.88B. At the same time, the Crypto Fear & Greed Index stands at 29 points, showing huge “Fear” among the traders. Bitcoin ($BTC) Dips by 1.28% and Ethereum ($BTC) E…
Cryptocurrencies Face Pressure Amid Macroeconomic Concerns
The post Cryptocurrencies Face Pressure Amid Macroeconomic Concerns appeared on BitcoinEthereumNews.com. Key Points: Cryptocurrency market pressured, $550 million liquidated amid macroeconomic issues. Bitcoin dipped briefly below $87,000. Market volatility remains amid US government shutdown risks. On January 26, crypto markets faced pressure, triggering over $550 million in leveraged long position liquidations, with Bitcoin and Ethereum experie…
Threat of another shutdown: US Senate Democrats threaten to block government fundingThe risk of another partial government shutdown is growing in the US as Senate Democrats threaten to block federal funding bills if they include funds for the Department of Homeland Security. The White House hopes that "prudence will prevail."
Crypto Market Drops $100B as US Government Shutdown Fears Loom
Introduction Crypto markets erased roughly $100 billion in value late Sunday as traders priced in the risk of a partial U.S. government shutdown tied to funding for the Department of Homeland Security. The dispute in Washington intensified after a Minneapolis shooting involving federal agents, prompting Senate Democrats to signal they would block any spending package that included DHS funding unless reforms were enacted. In the meantime, data sh…
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