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US Shutdown Dents Crypto Markets: Will Crypto Recover? What Happened to BTC USD Last Shutdown
Yahoo Finance·2025-10-01 22:01

Gold’s new record and a fresh US government shutdown put crypto on edge, with Bitcoin hovering near $116,000 as traders brace for data blackouts and a foggier Fed path. The United States entered a federal government shutdown overnight, rattling markets worldwide. Gold surged to an all-time high, while the dollar weakened, as crypto traders debated whether risk aversion would weigh on or support digital assets. (Source: Coingecko) Bitcoin was trading in the mid-$116,000s, fairly steady on the day, by th ...