{"id":406767,"date":"2025-10-01T17:15:32","date_gmt":"2025-10-01T11:45:32","guid":{"rendered":"https:\/\/dripp.zone\/news\/crypto-market-slips-as-u-s-government-shutdown-looms-crypto-news\/"},"modified":"2025-10-01T17:20:41","modified_gmt":"2025-10-01T11:50:41","slug":"crypto-market-slips-as-u-s-government-shutdown-looms-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/crypto-market-slips-as-u-s-government-shutdown-looms-crypto-news\/","title":{"rendered":"Crypto Market Slips as U.S. Government Shutdown Looms &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Bitcoin and Ethereum retreat alongside broader markets as liquidations spike.<\/p>\n<div>\n<p>The crypto market edged lower on Tuesday, Sept. 30, giving back some of <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/markets\/crypto-market-edges-up-as-investors-weigh-fed-moves-and-government-shutdown-risks\" target=\"__blank\" rel=\"noopener noreferrer \">yesterday\u2019s gains <\/a>as investors weighed macro headwinds, including the risk of a potential U.S. government shutdown.<\/p>\n<p>Bitcoin (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/prices\/bitcoin\" target=\"__blank\" rel=\"noopener noreferrer \">BTC<\/a>) is trading around $113,101, down roughly 0.7% on the day. Ethereum (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/prices\/ethereum\" target=\"__blank\" rel=\"noopener noreferrer \">ETH<\/a>) is hovering near $4,120, declining about 1.1% over the past 24 hours, according to data from The Defiant\u2019s price page.<\/p>\n<figure><figcaption class=\"text-center text-xs\">BTC Chart<\/figcaption><\/figure>\n<p>Among major altcoins, Solana slipped 2.2% to $205 and XRP eased 2.3% to $2.83. BNB is down 1.3% to $998, while TRON fell 0.8% to $0.33.<\/p>\n<p>Elsewhere, Monero\u2019s XMR jumped 2.3% to $292, while Plasma\u2019s XPL dropped nearly 22% to $0.90. <\/p>\n<p>Overall, the total crypto market capitalization decreased by 1% over the past day to $3.96 trillion, with Bitcoin dominance at 57% and Ethereum at 12.6%.<\/p>\n<h2>Liquidations, ETFs, and Investment Products<\/h2>\n<p>In the past 24 hours, nearly $354 million in crypto positions were liquidated, per Coinglass data, with longs accounting for around $227 million and shorts making up around $127 million.<\/p>\n<p>Ethereum led with nearly $79 million in liquidations, followed by XPL at around $50 million, while BTC accounted for approximately $43 million.<\/p>\n<p>Spot Bitcoin ETFs recorded nearly $522 million in inflows on Sept. 29, following two straight days of withdrawals. Meanwhile, spot Ethereum ETFs attracted around $547 million, breaking a five-day streak of outflows that totaled $796 million, according to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-btc-spot\" target=\"__blank\" rel=\"noopener noreferrer \">SoSoValue<\/a>.<\/p>\n<h2>Government Shutdown Uncertainty<\/h2>\n<p>Tuesday\u2019s pullback comes as investors weigh macro uncertainty. With a midnight deadline looming, Congress remains deadlocked over government funding, CNN <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cnn.com\/2025\/09\/30\/politics\/government-shutdown-congress-trump\" target=\"__blank\" rel=\"noopener noreferrer \">reported<\/a>, raising the risk of the first shutdown of President Donald Trump\u2019s second term.<\/p>\n<p>The standoff has added to market jitters, with analysts warning a shutdown could disrupt government services, worsen consumer confidence, and inject fresh volatility into risk assets, including crypto. <\/p>\n<p>\u201cA U.S. federal government shutdown would create short-term uncertainty in traditional markets, but it also underscores why crypto markets continue to matter,\u201d Sid Powell, CEO of Maple, told The Defiant. \u201cWith parts of Washington effectively paused, capital looks for alternative venues to stay productive and liquid.\u201d <\/p>\n<p>He added that crypto assets can fill that gap, offering 24\/7 access and transparent settlement when other assets stall. \u201cWe may see short bursts of volatility, but this can also highlight the resilience of digital assets, stablecoins, and on-chain credit,\u201d Powell added. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin and Ethereum retreat alongside broader markets as liquidations spike. The crypto market edged lower on Tuesday, Sept. 30, giving back some of yesterday\u2019s gains as investors weighed macro headwinds, including the risk of a potential U.S. government shutdown. Bitcoin (BTC) is trading around $113,101, down roughly 0.7% on the day. Ethereum (ETH) is hovering [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":406768,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-406767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/406767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=406767"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/406767\/revisions"}],"predecessor-version":[{"id":406769,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/406767\/revisions\/406769"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/406768"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=406767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=406767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=406767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}