US Government Shutdown Spurs Crypto Market Bottom Calls From Analyst

The United States government entered its first shutdown in six years on Wednesday, a political standoff that coincided with a rise in Bitcoin and gold as investors sought safe-haven assets.

The US government is experiencing its first shutdown since the 35-day closure in December 2018, stemming from deep partisan divisions that have made Congress unable to pass a key funding bill needed for the 2026 fiscal year.

The main dispute stems from a temporary funding measure, known as a continuing resolution. The Republicans advanced the CR without additional…