Bitcoin Plunges Despite Stock Market Rally: Investors Seek Stability Amidst US Shutdown Vote

The cryptocurrency market experienced a notable drop on Wednesday, with Bitcoin (BTC) falling to its weekly low near $101,200 after a brief intra-day surge. This decline coincided with a rise in traditional markets as investors anticipate the vote on ending the US government shutdown. Stock indexes like the Dow Jones and S&P 500 saw gains, while Bitcoin’s price dropped by 3.4%, signaling a shift towards safer assets amid uncertainty surrounding the political landscape.