
Crypto markets hold firm as U.S. government shutdown begins
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**Crypto Markets Defy U.S. Government Shutdown, Bitcoin Surges Near $114K**
Cryptocurrency markets demonstrate remarkable resilience as the U.S. government shutdown fails to dampen digital asset performance. Bitcoin maintains its bullish trajectory, trading near the significant $114,000 resistance level, while Ethereum holds strong above the psychological $4,000 threshold. The total cryptocurrency market capitalization remains stable at an impressive $4 trillion, showcasing investor confidence in blockchain technology despite political uncertainty.
This market stability highlights the growing maturation of digital assets and their perceived independence from traditional government operations. Bitcoin's price action near six-figure levels reinforces its position as a store of value, while Ethereum's sustained strength above $4K demonstrates continued demand for DeFi and smart contract platforms.
The cryptocurrency sector's ability to maintain momentum during government instability underscores the decentralized nature of blockchain networks and their appeal as alternative financial instruments. Institutional investors appear unfazed by Washington's political gridlock, with trading volumes remaining consistent across major crypto exchanges. This resilience positions digital assets as increasingly viable hedges against traditional financial market volatility and governmental disruptions.
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