Bearish
Bitcoin and Ethereum Prices Drop as US Government Shutdown Looms, Markets Fear Volatile Monday
31.01.2026 10:48
Cryptocurrency markets faced significant downward pressure as Bitcoin (BTC) and Ethereum (ETH) prices fell sharply. The decline coincides with the imminent threat of a US government shutdown, creating widespread uncertainty in global financial markets. Investors are bracing for a potentially chaotic Monday trading session, with traditional markets also expected to experience high volatility. This correlation highlights crypto's growing sensitivity to macroeconomic and political events. Analysts warn that a prolonged shutdown could further impact investor sentiment and liquidity, leading to increased selling pressure across both digital and traditional asset classes. Key technical support levels for BTC and ETH are being closely monitored by traders.