Bitcoin has shown a nearly similar reaction when the last U.S. government shutdown ended, and today's movement looks very similar. In 2019, the market declined immediately after the shutdown ended, and we are witnessing the same pressure now. As these political events conclude, traders typically exercise caution, as no one knows what changes in policies or economic updates will follow. This uncertainty often leads to quick sell-offs before the market stabilizes. This time as well, the price of Bitcoin sharply declined as the shutdown ended on November 13. Whether this decline turns into a deeper drop or a quick recovery will depend on how the market reacts in the coming days.
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BTC
94,526.55
-0.91%
