The 43-day US government shutdown concluded on November 14, 2025, but failed to uplift the cryptocurrency market. Bitcoin fell below $95,000, its lowest in over six months, with Ethereum and XRP also experiencing declines. Analysts cite delayed economic data and a lack of investor confidence as reasons for the continued bearish trend.
In the past 30 days, long-term investors sold 815,000 BTC, while Bitcoin and Ethereum spot ETFs saw a combined outflow of $622.7 million. Ethereum's DeFi total value locked (TVL) dropped to $73.5 billion from $97 billion in early October. Despite the launch of the first US spot ETF for XRP, XRPC, with a $58 million trading volume and $245 million inflow, technical indicators remain bearish for major cryptocurrencies.
US Government Shutdown Ends, Crypto Market Remains Bearish
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