Bitcoin Price: Stuck in Consolidation as Macroeconomic Uncertainty Grips Markets

The U.S. government shutdown continues to weigh on investor confidence, sending ripples through the crypto market and impacting Bitcoin’s price trajectory. With the Nasdaq, Dow Jones, and S&P 500 all experiencing declines, Bitcoin has settled near $108K in a period of cautious consolidation. This volatility is a reflection of broader macroeconomic anxieties surrounding both potential regulatory changes and government financial instability.