
{"id":103706,"date":"2025-10-10T10:35:23","date_gmt":"2025-10-10T10:35:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=103706"},"modified":"2025-10-10T10:35:23","modified_gmt":"2025-10-10T10:35:23","slug":"trumps-us-government-shutdown-is-killing-market-will-crypto-go-back-up-again","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=103706","title":{"rendered":"Trump\u2019s US Government Shutdown is Killing Market: Will Crypto Go Back Up Again?"},"content":{"rendered":"<p>The U.S. government shutdown has entered its 10th day under Donald Trump\u2019s second term, freezing much of Washington and rattling the crypto market. With Congress gridlocked over border security and spending bills, investors are bracing for continued volatility.<\/p>\n<p>While traditional markets reel, the crypto price of key assets like Bitcoin, Ethereum, and Litecoin has dipped amid uncertainty, though analysts believe the sell-off is temporary.<\/p>\n<p>The real question traders are asking now: once Washington reopens and ETF approvals resume, will crypto go back up again?<\/p>\n<p><span><\/span><\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p><\/p>\n<h2>How Is the U.S. Shutdown Impacting Crypto Markets?<\/h2>\n<p>The October 2025 partial government shutdown has halted primary federal functions, with over 800,000 federal workers furloughed and agencies like the SEC, IRS, and CFTC either fully closed or operating with skeleton staff.<\/p>\n<p>Why are the markets relatively complacent in response to the US government shutdown? Alec Phillips, chief US political economist within Goldman Sachs Research, explains on the latest episode of Exchanges: <a href=\"https:\/\/t.co\/ognNi1Kawc\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/ognNi1Kawc<\/a> <a href=\"https:\/\/t.co\/pRckp8PuAF\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/pRckp8PuAF<\/a><\/p>\n<p>\u2014 Goldman Sachs (@GoldmanSachs) <a href=\"https:\/\/twitter.com\/GoldmanSachs\/status\/1976372509076238660?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 9, 2025<\/a><\/p>\n\n<p>This has paused all pending crypto ETF reviews, leaving more than 90 filings in limbo, from DOGE and XRP to LTC and HBAR. The SEC\u2019s \u201cemergency-only\u201d policy means that even near-finalised ETFs, such as Canary Capital\u2019s Litecoin (LTCC) and HBAR (HBR) funds, cannot move forward until funding resumes. The result?<\/p>\n<p>Investors\u2019 FUD has triggered outflows across altcoins, pushing <span><\/span><\/p>\n<p>\t<span class=\"cwp-coin-widget-container\"><\/span><\/p>\n<p>\t\t<!-- name of the coin in the text --><br \/>\n\t\t<span class=\"cwp-coin-widget-wrapper\"><br \/>\n\t\t\t<span class=\"cwp-coin-widget-holder \"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon \"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-label \">Hedera Hashgraph<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-symbol hidden\">HBAR<\/span><\/p>\n<p>\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price hidden\">$0.2152<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend  positive\">0.77%<\/span><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t\t<br \/>\n\t\t\t<br \/>\n\t\t<\/p>\n<p>\t\t<!-- popup with basic info about the coin --><br \/>\n\t\t<span class=\"cwp-coin-popup-wrapper \"><br \/>\n\t\t\t<span class=\"cwp-coin-popup-holder\"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon\"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-name\">Hedera Hashgraph<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-symbol\">HBAR<\/span><br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-price\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price-value\">$0.2152<\/span><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t\t<span class=\"cwp-coin-trend positive\">0.77% \/24h<\/span><br \/>\n\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-volume\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-volume-value\">$233.07M<\/span><br \/>\n\t\t\t\t\t&lt;!&#8211; <span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend\">?<\/span><br \/>\n\t\t\t\t\t<\/span>                     &#8211;&gt;<br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-chart\"><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-container positive\"><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t<span class=\"cwp-coin-link\"><br \/>\n\t\t\t\t\t\t<a href=\"https:\/\/99bitcoins.com\/goto\/bestwallet\" target=\"_self\" class=\"cwp-coin-custom-link\" rel=\"noopener\"><br \/>\n\t\t\t\t\t\t\tLearn more\t\t\t\t\t\t<\/a><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t<\/p>\n<p>\t\t<br \/>\n\t<\/p>\n<p>\t down and <span><\/span><\/p>\n<p>\t<span class=\"cwp-coin-widget-container\"><\/span><\/p>\n<p>\t\t<!-- name of the coin in the text --><br \/>\n\t\t<span class=\"cwp-coin-widget-wrapper\"><br \/>\n\t\t\t<span class=\"cwp-coin-widget-holder \"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon \"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-label \">Litecoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-symbol hidden\">LTC<\/span><\/p>\n<p>\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price hidden\">$130.10<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend  positive\">11.23%<\/span><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t\t<br \/>\n\t\t\t<br \/>\n\t\t<\/p>\n<p>\t\t<!-- popup with basic info about the coin --><br \/>\n\t\t<span class=\"cwp-coin-popup-wrapper \"><br \/>\n\t\t\t<span class=\"cwp-coin-popup-holder\"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon\"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-name\">Litecoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-symbol\">LTC<\/span><br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-price\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price-value\">$130.10<\/span><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t\t<span class=\"cwp-coin-trend positive\">11.23% \/24h<\/span><br \/>\n\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-volume\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-volume-value\">$2.23B<\/span><br \/>\n\t\t\t\t\t&lt;!&#8211; <span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend\">?<\/span><br \/>\n\t\t\t\t\t<\/span>                     &#8211;&gt;<br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-chart\"><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-container positive\"><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t<span class=\"cwp-coin-link\"><br \/>\n\t\t\t\t\t\t<a href=\"https:\/\/99bitcoins.com\/goto\/bestwallet\" target=\"_self\" class=\"cwp-coin-custom-link\" rel=\"noopener\"><br \/>\n\t\t\t\t\t\t\tLearn more\t\t\t\t\t\t<\/a><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t<\/p>\n<p>\t\t<br \/>\n\t<\/p>\n<p>\t slipping down. At the same time, Bitcoin briefly tested $120K before stabilizing.<\/p>\n<p> Canary has filed an S-1 amendment for their <a href=\"https:\/\/twitter.com\/search?q=%24HBAR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$HBAR<\/a> and <a href=\"https:\/\/twitter.com\/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$LTC<\/a> Spot ETFs with tickers LTCC &amp; HBR and related ETF fees. <\/p>\n<p>According to Eric Balchunas, this could very well be the last step before an ETF launch:&#8221;which is typically the last thing updated bf go-time. With shutdown tho\u2026 <a href=\"https:\/\/t.co\/hBp82IZRf4\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/hBp82IZRf4<\/a><\/p>\n<p>\u2014 ALLINCRYPTO (@RealAllinCrypto) <a href=\"https:\/\/twitter.com\/RealAllinCrypto\/status\/1975729381105340778?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 8, 2025<\/a><\/p>\n\n<p>Historically, government shutdowns cause short-term volatility but limited long-term harm. However, in the US crypto space, where regulation and ETF approvals drive sentiment, the timing couldn\u2019t be worse.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-binance-listings\/\" target=\"_blank\" rel=\"noopener\">16+ New and Upcoming Binance Listings in 2025<\/a><\/strong><\/p>\n<h2>Why Are Analysts Still Bullish on a Crypto Rebound?<\/h2>\n<p>Despite near-term issues, most analysts see this correction as temporary turbulence rather than the end of the crypto season.<\/p>\n<p>Bitcoin and Hold have both behaved like \u201csafe havens\u201d, with gold hitting new highs and Bitcoin reclaiming $120 post-dip.<br \/>\nThe FIT21 crypto framework and pending ETF approvals are now widely expected to resume swiftly after the shutdown, potentially sparking the next leg up in Q4.<br \/>\nBloomberg\u2019s Eric Balchunas and James Seyffart confirmed that both LTC and HBAR ETFs are \u201cat the goal line\u201d with only final disclosures pending, the last step before official listing.<\/p>\n<p>Once approved, ETFs could open billions in inflows, strengthening access for traditional investors. That\u2019s why some traders view the shutdown as a pause before liftoff.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"noopener\">15+ Upcoming Coinbase Listings to Watch in 2025<\/a><\/strong><\/p>\n<h2>Could Litecoin, HBAR, and Others Be the First to Pop?<\/h2>\n<p>Yes \u2013 and there\u2019s growing data to support it. Litcoin (LTC) is already making its move, pushing more than 10% to over $130 mar,k and Hedera (HBAR) is positioning to be next.<\/p>\n<p>\n<strong>(Source \u2013 <a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/LTCUSDT\" target=\"_blank\" rel=\"noopener\">TradingView<\/a>)<\/strong><\/p>\n<p>Looks like traders are already taking positions in advance, speculating that the shutdown will end soon, with LTC reclaiming $130. If that is the case, HBAR could follow suit with a similar surge, potentially pushing the price to the $0.236 level. RSI levels appear to have bottomed out, and with Bitcoin holding support, this scenario seems highly plausible.<\/p>\n<p>\n<strong>(Source \u2013 <a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/HBARUSDT\" target=\"_blank\" rel=\"noopener\">TradingView<\/a>)<\/strong><\/p>\n<h2>When Will Crypto Go Back Up Again?<\/h2>\n<p>Most signs point to a rebound once the government reopens and ETF approval restarts. In our case, we can see it already happening even before that, with the LTC crypto price going up. Shutdowns tend to create short-term selling, but pent-up demand for risk assets once clarity returns.<\/p>\n<p>In short, Trump\u2019s shutdown may be shaking markets now, but it\u2019s also setting the stage for a robust recovery once Washington turns the lights back on. When that happens, expect the US crypto scene to go up again, led by the very tokens currently taking the biggest hit.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"noopener\">10+ Next Crypto to 100X In 2025<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener\"><span>Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p> <br \/>\n        Crypto on hold, waiting for the U.S. government to go back up.    <\/p>\n<p>        LTC and HBAR crypto on the finish line before ETF launch.    <\/p><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/trumps-us-government-shutdown-is-killing-market-will-crypto-go-back-up-again\/\">Trump\u2019s US Government Shutdown is Killing Market: Will Crypto Go Back Up Again?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The U.S. government shutdown has entered its 10th day under Donald Trump\u2019s second term, freezing much of Washington and rattling the crypto market. With Congress gridlocked over border security and spending bills, investors are bracing for continued volatility. While traditional markets reel, the crypto price of key assets like Bitcoin, Ethereum, and Litecoin has dipped [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":103707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-103706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/103706"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=103706"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/103706\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/103707"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=103706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=103706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=103706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}