Longest U.S. Government Shutdown Impacts Crypto Markets: Short-Term Volatility Expected

The longest government shutdown in history has reached over 40 days, causing ripples through the crypto market and traditional finance. This unprecedented standstill at the SEC is delaying ETF approvals, impacting assets like XRP and stETH, while Bitcoin shows resilience amidst this uncertainty. Despite the situation’s volatility, experts anticipate a swift market adjustment once operations resume.