A past U.S. government shutdown occurred at the same time as Bitcoin’s bear market bottom. This historical alignment raises questions about the relationship between political events and cryptocurrency trends. During government shutdowns, financial markets often experience volatility, which can impact investor sentiment. The connection between such shutdowns and Bitcoin’s performance may highlight broader economic factors influencing digital currencies. Understanding these dynamics could provide insights into future market behavior during similar political events.
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Previous U.S. Government Shutdown Coincided With Bitcoin’s Bear Market
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