Government Shutdown Ends: Is the Crypto Free Fall Over?
The relentless plunge in the crypto market has finally caught a breather! After a tense standoff, the U.S. House has narrowly passed a crucial funding package, officially sending it to the President’s desk for signature.
This legislative breakthrough has acted as a much-needed stabilizer for the markets. Earlier this week, we saw massive volatility as uncertainty loomed over Washington, but the resolution of the partial government shutdown is injecting a dose of confidence back into the charts.
What this means for the market:
Reduced Volatility: The immediate fear of a prolonged shutdown is fading.
Relief Rally? $BTC and $ETH are showing signs of stabilization as the "risk-off" sentiment cools down.
Eyes on the Signature: Once the bill is signed into law, we expect further clarity in the macro environment.
Is this the bottom, or just a pit stop before more movement? The bulls are fighting back, but as always—stay alert and trade smart!
