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Bitfinex: US government shutdown will make Bitcoin more vulnerable to market shocks "

Internet reports that as the risk of a U.S. government shutdown approached, Bitcoin stabilized around US$114300 on September 30, and mainstream tokens such as Ethereum and SOL generally fell. Bitfinex analysts warned that the shutdown would delay the release of key economic data, weaken investor confidence and make Bitcoin more vulnerable to market shocks. The shutdown also means that the formulation of encryption rules by regulatory agencies such as the SEC and CFTC will be suspended, and the approval process of cryptocurrency ETFs such as Solana may be blocked. The market generally expects cryptocurrencies to enter a longer shock consolidation period.

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