Bitcoin Price Drops to June Lows Amid Extended U.S. Government Shutdown | BTC Market Analysis

Bitcoin (BTC) is approaching its lowest price levels since June as the U.S. government shutdown becomes the longest in history. The cryptocurrency market shows increased volatility with BTC testing key support levels. Market analysts attribute the decline to political uncertainty and reduced institutional activity during the government stalemate. Trading volume has decreased significantly while fear and greed index indicates extreme fear among investors. Technical analysis suggests Bitcoin may retest June lows if current support levels fail to hold.