Crypto Market Uncertainties Rise As US Government Shutdown Persists

The ongoing U.S. government shutdown is casting a shadow over the cryptocurrency market, with its approval process for exchange-traded funds (ETFs) being significantly impacted. At least 16 crypto ETF applications remain pending review by the SEC, largely due to the political deadlock during the government shutdown. This has fueled uncertainty and stalled the potential launch of new investment products that could revolutionize cryptocurrency markets.