The cryptocurrency markets saw significant volatility last week with Bitcoin (BTC) and altcoins experiencing sharp declines due to uncertainties surrounding the US government shutdown and the potential for a decreased Federal Reserve interest rate decision. However, following the end of the shutdown and rising expectations for a Fed rate cut, the market began recovering this week. Bitcoin’s price rebounded to above $86,000 after hitting lows below $80,000 on Friday. Altcoins also experienced slight recoveries during this period. Meanwhile, Coinshares released its weekly cryptocurrency report, revealing $1.94 billion in outflows last week – the third largest outflow since 2018. This marked a significant shift as investors moved their assets away from crypto investment products, totaling $4.92 billion over the past four weeks.