Bitcoin, Ethereum and Other Cryptocurrencies Fall Before Government Shutdown

Major cryptocurrencies followed stock market declines as investors worried about a possible government shutdown.

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benzinga.com
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Wed, Oct 01, 25
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The cryptocurrency market had a bad day on Tuesday, following stock market problems. Investors were worried about the government possibly shutting down. Bitcoin dropped 0.27% to $114,266, moving between $112,700 and $114,700.

Ethereum fell 1.60% to $4,147. Other popular cryptocurrencies also went down: XRP fell 1.44%, Solana dropped 2.04%, and Dogecoin decreased 0.71%. However, some coins did very well, like Subsquid which went up 69.82%.

The total cryptocurrency market was worth $3.90 trillion, down 0.61% in one day. Stock futures also fell overnight because of shutdown fears. Market experts think Bitcoin has good support at $112,000 and expect prices to improve soon.

Original Article

benzinga.com

https://www.benzinga.com/crypto/cryptocurrency/25/09/47959489/bitcoin-ethereum-dogecoin-xrp-drop-ahead-of-midnight-government-shutdown-analyst-says-well-

Comprehension Quiz
Question 1 of 30 Correct
Why did the cryptocurrency market have problems on Tuesday?
Bad weather
Government shutdown worries
New technology
Holiday season
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