How will markets react? – DL News
- Congress is gridlocked over the government’s finances.
- Donald Trump is about to meet with Democrats.
- How will crypto react if they can’t make a deal?
“Be reasonable.”
That’s the White House’s message to congressional Democrats ahead of a make-or-break meeting with President Donald Trump over the US government’s finances.
As the Oval Office meeting creeps closer, the spectre of a government shutdown looms ever darker — and crypto traders are bracing for the impact as Democrats and Republicans remain gridlocked over soon-to-expire health insurance subsidies.
“A US federal government shutdown isn’t just politics playing out in Washington,” Kate Leaman, chief market analyst at AvaTrade, told DL News. “It creates…