Major cryptocurrencies, including Bitcoin (BTC), XRP, and Ethereum (ETH), are experiencing a rally as the U.S. government shutdown raises expectations of increased fiat liquidity. The market anticipates that the shutdown could lead to a positive liquidity impulse, boosting investor sentiment across the crypto sector.
In addition, Bitcoin's near-term options are currently perceived as undervalued, presenting potential opportunities for traders. This development comes as investors seek to capitalize on market volatility and potential gains in the wake of fiscal uncertainties.
Cryptocurrencies Rally Amid U.S. Government Shutdown Concerns
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.