Bitcoin Could Remain Flat as US Congress Works to Avert Government Shutdown, Traders Wary

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  • Market snapshot: BTC and ETH near previous close, limited intraday movement.

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  • Political risk could delay U.S. macro releases and trigger short-lived crypto price swings.

  • Trader sentiment data shows a rise in bearish short-term predictions; expert commentary frames dips as buying windows.

  • Bitcoin price today: BTC and ETH hold flat as Congress faces shutdown deadline — read expert views and market data. Stay informed with COINOTAG.

    What is Bitcoin’s price today amid the potential U.S. government shutdown?

    Bitcoin price today remains roughly flat, with limited 24-hour movement as legislators race to approve a funding bill to prevent a shutdown. Short-term volatility is possible, but market participants and some analysts expect any pullback to attract buying interest.

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    How are Ethereum markets responding to the shutdown risk?

    Ethereum is trading with minimal change on the day, reflecting broader risk-on/risk-off balance in crypto markets. Price aggregators report small intraday declines under 1%, while traders monitor macro calendar disruptions that could delay sentiment-driving economic data.

    Why are traders cautious as the funding deadline approaches?

    Political uncertainty can compress liquidity and amplify price moves. Prediction-market activity (Myriad, owned by DASTAN) shows a surge in short-term bearish bets, with a majority of users forecasting multiple red candles for Bitcoin before the midday Wednesday deadline.

    Frequently Asked Questions

    What short-term data points should crypto traders watch?

    Watch Congressional vote timing, any changes to the continuing resolution, and macroeconomic release schedules that could be postponed. Sudden shifts in liquidity or headline risk can affect intraday crypto price action.

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    Who provided expert commentary for this report?

    John Glover, CIO at Ledn (a bitcoin lender), commented that past shutdowns produced temporary selloffs followed by market rebounds, suggesting current dips could be buying opportunities. Market data references include CoinGecko price feeds and prediction-market activity on Myriad.

    Key Takeaways

    • Market status: Bitcoin and Ethereum are roughly flat on the day with limited intraday movement.
    • Political risk: A potential U.S. government shutdown is elevating short-term volatility risk and could delay macro data.
    • Trader action: Some traders increase bearish short-term positions, while strategists see dips as buying opportunities.

    Conclusion

    Short-term political risk from a possible U.S. government shutdown is keeping Bitcoin price today and Ethereum subdued, but historical precedent and expert commentary suggest any selloffs may be temporary. Monitor legislative developments and liquidity conditions; consider risk-management steps and a long-term view while markets absorb headlines.

    Published by COINOTAG — Published: 2025-09-30 | Updated: 2025-09-30

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    Source: https://en.coinotag.com/bitcoin-could-remain-flat-as-us-congress-works-to-avert-government-shutdown-traders-wary/