Bad News Ahead For Bitcoin, Ethereum?
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The U.S. federal government shut down at midnight, sending leading cryptocurrencies lower and raising concerns about the market’s short-term outlook.
The shutdown, the first since 2018-19, could halt some government services temporarily and furlough hundreds of thousands of federal workers.
The development shook markets, with stock futures and leading cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) trading lower.
Trending: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
The last shutdown, which started on December…
