Yellen warns that the prolonged government shutdown is disrupting federal spending and market stability. As the shutdown continues, the US economy faces significant risks with potential GDP losses, which highlights fluctuations in both safe-haven assets and investor sentiments.
Bitcoin is gaining increased attention as a potential safe asset during this financial instability. Trading data shows BTC’s current trading price at 103,061.43 USD, with a market cap of 2.06 trillion USD, as it navigates through recent fluctuations driven by governmental fiscal uncertainties.
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