The crypto market cap fell 2% on Tuesday as fears of an impending U.S. government shutdown continued to rattle investors.
The crypto market remained shaky on Tuesday amid fears of a partial U.S. government shutdown slated to begin later this week.
Expectations of further delays in a key crypto market structure bill and a lack of stable demand for ETFs have also impacted retail sentiment.
Bitcoin
-1.44%
Bitcoin, the world’s largest crypto asset, saw-sawed between the $68,400 to $71,000 range before settling at $69,400 at press time, down 2.4% over the day.
eth
-1.95%
Ethereum was down 1.2%, hovering just over the $2,000 mark while extending its weekly losses to 12%. XRP
xrp
0.91%
XRP remained neutral at $1.44 while BNB
bnb
1.27%
sol
-0.03%
Solana, and Dogecoin
-0.53%
Dogecoin were down by 1% each. These losses together led the market to fall by 2% to $2.44 trillion at the time of writing.
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