Bitcoin Sags as Political Unrest Weighs on Crypto Markets

Bitcoin Sags as Political Unrest Weighs on Crypto Markets

On September 30, Bitcoin dipped about 1%, as markets reacted to escalating political uncertainty in Washington centered on a looming U.S. government shutdown. Ethereum dropped ~2.8%, Solana ~3.9%, and XRP ~2.9%. 

Analysts warn that diminished investor confidence and stalled regulatory agendas could unsettle crypto markets. A shutdown may disrupt SEC rulemaking and delay approval of new digital asset products. Increasing correlation between Bitcoin and equities suggests further downside risk if global markets wobble.