The ongoing U.S. government shutdown has created uncertainty in financial markets, impacting Bitcoin's performance. The cryptocurrency has fallen over 1%, reflecting similar declines in the Nasdaq. This mirrors historical patterns, such as during the 2018-2019 shutdown when Bitcoin hit a low of $3,000 before rebounding. A significant $20 billion liquidation event on Friday led to a crash in leveraged futures, with Bitcoin dropping to $107,000. Analysts believe this de-leveraging has left the market in a healthier state. Meanwhile, gold's surge to over $4,200 per ounce is seen as a positive sign for Bitcoin, with some projections suggesting it could reach $165,000 by the end of the year.