Bitcoin price fluctuations increase during government shutdown amid concerns about U.S. Deficit

As the U.S. Government shutdown evolves, Bitcoin’s volatility has increased, highlighting concerns over the national deficit which currently stands at 1.973 trillion USD. Analysts expect market support from positive ETF inflows despite Bitcoin’s recent underperformance against stocks and gold.

Market analysts observe a current increase in Bitcoin volatility partly due to fiscal sustainability worries. They emphasize that while recent equity highs are enticing, they may not reflect the underlying economic reality, given the ongoing government shutdown.