🚨 U.S. Government Shutdown Looms
Markets are bracing as the U.S. edges closer to a shutdown at midnight.
▪️ Bitcoin held steady near $114.3K after a late rebound, but Bitfinex warns of downside risks if investor confidence erodes.
▪️ Altcoins like $ETH , $SOL , $AVAX , $UNI slipped, showing fragility outside BTC.
▪️ Gold continues its record run above $3,850, signaling flight-to-safety.
Why it matters:
A shutdown halts key agencies (SEC, CFTC, banking regulators), delaying ETF approvals and rulemaking. Worse, critical economic data (like jobs reports) could be paused—leaving markets “flying blind.”
Crypto is holding its breath. Stability or shock? The next few days will decide.