Bitfinex: The US government shutdown will make Bitcoin more susceptible to market shocks.

According to Jinse Finance, as the risk of a government shutdown in the United States approaches, Bitcoin stabilized around $114,300 on September 30, while mainstream tokens such as Ethereum and SOL saw a general fall. Bitfinex analysts warned that the shutdown would lead to delays in the release of key economic data, weakening investor confidence and making Bitcoin more susceptible to market shocks. This shutdown also means that the rule-making work on encryption by regulatory agencies such as the SEC and CFTC will be paused, potentially hindering the approval process for crypto assets ETFs like Solana. The market generally expects that crypto assets will enter a longer period of consolidation.