Top Democrat Representative Maxine Waters has issued a warning that the current government shutdown and pro-crypto policies under President Trump could precipitate another cryptocurrency market crash. Waters criticized Republicans for not implementing adequate regulatory measures before integrating cryptocurrencies into traditional finance, which she argues heightens the risk of market instability. Her warning comes in the wake of the October 10 market downturn, where Bitcoin dropped 14.6%, Ethereum 21%, and Dogecoin over 50%. Waters also pointed out the lack of regulatory oversight due to the shutdown, with 90% of SEC staff furloughed and enforcement activities halted. The White House has refuted these claims, attributing the shutdown to Democrats and asserting that Trump's assets are managed in a trust, eliminating any conflicts of interest.