The ongoing US government shutdown and the Federal Reserve’s hawkish monetary policies continue to weigh down the cryptocurrency market, especially Bitcoin. As of today, Bitcoin has dipped below the $95,000 mark for the day, marking a six-month low. Analysts warn that Bitcoin may fall beneath the $90,000 threshold this week as the release of crucial FOMC minutes and delayed data due to the government shutdown looms. Market expert Omkar Godbole highlights this decline by stating that Bitcoin has signaled bearish patterns as it broke below its 50-week simple moving average (SMA), a key long-term support level, according to Coindesk. He further notes a slowdown in net inflows to crypto ETFs, increased selling pressure from long-term investors, and the need for retail investor liquidity recovery.