Bitcoin, Ethereum Continue Slide as U.S. Government Shutdown Continues
The U.S. government shutdown, now in its 34th day, has caused market uncertainties, leading to falling prices of Bitcoin and Ethereum as investors adopt a risk-averse stance.
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U.S. Government Shutdown Reaches Historic Length
With the U.S. government shutdown entering its 34th day — marking the longest U.S. government shutdown to date — concerns about its broader impacts on the economy have deepened.
Cryptocurrency Prices Decline Amid Political Stalemate
Both Bitcoin and Ethereum prices have continued to drop during this prolonged government shutdown, reflecting increasing market volatility.
Impact of Risk Aversion on Crypto Markets
The political stalemate has created a risk-averse mood across financial markets, driving investors away and further accelerating the decline in cryptocurrency prices.
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