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The US government has fucking shut down again!?

I asked GPT about the impact of the government shutdown, and I found it to be a very interesting matter, and it has a significant impact on the crypto market:

1️⃣ The basic logic of government shutdowns:

1) Delay in economic data: Important data such as employment and inflation may be suspended from publication.
2) Regulatory Slowdown: Personnel from agencies such as the SEC and CFTC are on strike, which may delay ETF and new project approvals.
3) Confidence shaken: Investors' concerns about the political and fiscal stability of the United States have deepened.
4) Market volatility: Risk aversion sentiment rises, increasing volatility in traditional and cryptocurrency markets.

2️⃣ Historical Experience

2013: During the stagnation, Bitcoin actually rose (market sentiment leaned towards speculation).

2018–2019: Long periods of stagnation, Bitcoin's performance is weak.

Overall conclusion: There is no consistent pattern, usually it is "short-term bearish + high volatility", and in the long term, it depends on the macro environment and policy direction.

3️⃣Special nature of the year 2025:

1) The cryptocurrency bill may be delayed: for example, progress on the Crypto Market Structure Bill may be interrupted.

2) Delay in ETF applications: The SEC shutdown means that approvals for crypto ETFs and trading platforms may be delayed.

3) Investor sentiment is somewhat tense: funds may temporarily avoid the cryptocurrency market.

4) Bitcoin is under short-term pressure: Reports have indicated that the risk of a shutdown has caused a decline in BTC and ETH.

Summary—

A government shutdown may exacerbate short-term volatility in the crypto market, depending on how long the shutdown lasts; if it ends quickly, the impact will be limited.

If the standstill drags on, the market's trust in U.S. finances may be damaged, which could instead promote Bitcoin and other "decentralized assets" as alternative safe-haven tools. #GatePerpDEX正式上线