
Will crypto market recover as Trump adviser says US government shutdown nears end?
Will crypto market recover as Trump adviser says US government shutdown nears end?

White House economic advisor Kevin Hassett has hinted that the ongoing U.S. government shutdown, which had weighed on crypto market sentiment over the past weeks, could end soon.
Article Summary
**Cryptocurrency Markets Eye Recovery as US Government Shutdown Nears Resolution** The cryptocurrency market may be poised for a significant rebound as White House economic advisor Kevin Hassett signals an imminent end to the U.S. government shutdown that has dampened crypto market sentiment in recent weeks. Bitcoin and major altcoins have experienced heightened volatility amid the political uncertainty, with investors closely monitoring developments in Washington. The prolonged government shutdown has created regulatory uncertainty across the cryptocurrency ecosystem, impacting everything from Bitcoin trading volumes to DeFi protocol adoption. Blockchain technology companies and crypto exchanges have faced additional scrutiny during this period, contributing to bearish market conditions. Market analysts suggest that resolving the shutdown could trigger renewed institutional investment in digital assets, potentially boosting Bitcoin prices and strengthening overall cryptocurrency market capitalization. The positive news from Hassett has already generated optimism among crypto traders and blockchain enthusiasts. As the shutdown resolution approaches, cryptocurrency investors are positioning themselves for potential market recovery, with particular attention on how regulatory clarity might benefit established cryptocurrencies like Bitcoin and Ethereum, as well as emerging DeFi tokens and blockchain infrastructure projects.







