Bitcoin, Ethereum, and Ripple coins rebounded amid increasing uncertainty surrounding the US government in the markets.
The odds of a partial shutdown of the US government by the end of the week rose to 77% on the "Polly Market" prediction platform. The US Senate is expected to vote on a massive $1.2 trillion package to fund government operations; however, challenges have begun to emerge as Democratic senators withdraw their support amid opposition from federal immigration officials, according to CNBC. The federal government will begin a partial shutdown on Friday if the Senate does not approve the agreement. The previous shutdown in the last quarter of 2025 lasted 43 days, the longest in history, causing a halt to federal government operations. Historically, government shutdowns have triggered risk aversion sentiments across financial markets, as digital assets often bear the brunt of volatility with investors fleeing to safe havens. US government shutdown probabilities | Source: Polly
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Before00zero
· 4h ago
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are experiencing a slight increase as of the time of writing this report on Monday, as traders navigate increasing macroeconomic uncertainty and political risks amid the looming threat of a government shutdown in the United States.
Bitcoin, Ethereum, and Ripple coins rebounded amid increasing uncertainty surrounding the US government in the markets.
The odds of a partial shutdown of the US government by the end of the week rose to 77% on the "Polly Market" prediction platform. The US Senate is expected to vote on a massive $1.2 trillion package to fund government operations; however, challenges have begun to emerge as Democratic senators withdraw their support amid opposition from federal immigration officials, according to CNBC.
The federal government will begin a partial shutdown on Friday if the Senate does not approve the agreement. The previous shutdown in the last quarter of 2025 lasted 43 days, the longest in history, causing a halt to federal government operations.
Historically, government shutdowns have triggered risk aversion sentiments across financial markets, as digital assets often bear the brunt of volatility with investors fleeing to safe havens.
US government shutdown probabilities | Source: Polly