Bitfinex: US government shutdown will make bitcoin more vulnerable to market shocks
2025-09-30 21:51:55
Bitcoin stabilised near $114,300 on September 30 amid the looming risk of a US government shutdown, with mainstream tokens such as Ethereum and SOL generally falling. Analysts at Bitfinex warned that the shutdown would delay the release of key economic data, weaken investor confidence and make Bitcoin more vulnerable to market shocks. The shutdown also means that the work of cryptocurrency rulemaking by regulators such as the SEC and CFTC will be suspended, and the approval process of cryptocurrency ETFs such as Solana may be blocked. Cryptocurrencies are widely expected to enter a longer period of volatility.
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