The recent U.S. government shutdown, confirmed on October 1st, is expected to have a more significant impact than previous shutdowns, influenced by ongoing tariffs and disputes involving Trump and Federal Reserve Chairman Jerome Powell. This development has led to heightened market anxiety, with investors seeking safe havens. As a result, Bitcoin and Ethereum prices surged, reflecting a strong risk-averse sentiment among traders. Additionally, gold spot and December futures prices hit record highs of $3,862 and $3,903 per ounce, respectively, underscoring the market's flight to safety.
US Government Shutdown Spurs Bitcoin and Ethereum Surge Amid Market Anxiety
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