Bitcoin has declined 18% from its all-time high, currently trading at approximately $102,600, as the U.S. government shutdown impacts market liquidity. The shutdown has led to a $700 billion market drain due to increased Treasury General Account levels, now at $1 trillion. This has disrupted cash flows and caused liquidity shortages affecting cryptocurrencies. BitMEX analysts anticipate a strong relief rally once liquidity improves, potentially coinciding with Bitcoin's typical end-of-year strength.