Markets gear up for a rough Monday as Bitcoin and Ether fall with the shutdown deadline looming.
Bitcoin dips as U.S. faces partial shutdown ahead of House vote
Bitcoin fell toward $83,000 on Friday as the U.S. entered a partial government shutdown, with traders taking a cautious stance ahead of a House vote set for Monday.
The broader crypto market came under pressure after lawmakers missed a midnight funding deadline, adding uncertainty to an already hesitant market. Bitcoin traded around $83,559, up roughly 1% on the day but down about 6.8% over the past week. Ether hovered near $2,686, down 1.9% in 24 hours and 9% on the week, while XRP traded around $1.72, off 1.6% for the day and nearly 10% lower over seven days.
The shutdown is expected to be brief. The Senate approved a funding package, but with the House out until Monday, the government faces a technical lapse over the weekend. The U.S. Securities and Exchange Commission said it will operate with “very limited staff” starting Jan. 31.
For crypto traders, the shutdown acts as a sentiment stress test more than an immediate economic shock. Prediction markets, including Polymarket and Kalshi, underscore the gap between a government that is technically closed and one that still operates in practice, highlighting nuances that affect contract settlements.
The timing also amplifies market caution, landing in a period of thin weekend liquidity and heavy headlines. Traders are favoring smaller positions, and price dips feel heavier as buyers wait on the sidelines.
Share this content:













