The post Bitcoin and XRP Price Prediction After U.S. Government Shuts Down appeared on BitcoinEthereumNews.com. Bitcoin and XRP have both experienced significantThe post Bitcoin and XRP Price Prediction After U.S. Government Shuts Down appeared on BitcoinEthereumNews.com. Bitcoin and XRP have both experienced significant

Bitcoin and XRP Price Prediction After U.S. Government Shuts Down

Bitcoin and XRP have both experienced significant price drops amid the ongoing U.S. government shutdown. Bitcoin price dropped to $82,000, a decline of 7% in the past week as the cryptocurrency fought a bearish market environment. Ethereum price also experienced a significant drop of over 7% to $2,700. 

The overall market value of cryptocurrency has dropped to $2.8 trillion.  XRP, specifically, dropped below $1.7 after a wave of sell-offs.

U.S. Government Shutdown: Key Developments and What’s Next

A partial government shutdown took effect after Congress missed the Friday midnight deadline for passing a 2026 budget. The Senate had earlier approved a spending measure covering most of the federal discretionary spending. This included a temporary funding extension for the Department of Homeland Security.

Nevertheless, the House was not in session, and it delayed the final approval. This has led to the temporary closure of most of the federal agencies, albeit the shutdown is likely to be temporary.

The SEC is functioning under the plan of the agency of functioning in case of a shutdown because of a lapse in appropriations and government shutdown. As of Jan. 31, 2026 and until further notice, the staff available in the agency will be very low.

The House is scheduled to re-open on Monday to adopt a bill to reopen the agencies. Nonetheless, there are more debates that can be predicted to arise, especially on new restrictions on immigration enforcement.

Meanwhile, the market is experiencing greater uncertainty since by closing down it might bring volatility. XRP has the possibility of going down in case the selloff increases, and the support system of the Bitcoin may fail, further pressuring the market stability.

Bitcoin Price Sinks to $83,000 as Over $1.5 Billion in ETF Outflows Shake Market.

BTC price crashed to $83,000 this week, falling 7.5% as it struggled to maintain recent support levels. More than 2 billion in crypto derivatives positions were sold off, most of them long positions in Bitcoin and Ethereum.

According to technical factors, the BTC price may experience additional losses, and the possible levels for its fall are $80,500 and $76,400 in case the selling force continues.

The cryptocurrency has been consolidated in a down channel, and the resistance is at $86,400. For a meaningful recovery, the future Bitcoin outlook would need to break through the key level of $90,400.

Meanwhile, U.S. spot Bitcoin ETFs experienced heavy outflows this week, and on Friday, $509 million in net withdrawals were recorded, and investors fled in large numbers.

XRP Price Struggles to Stabilize Below $1.70 Amid Ongoing Sell-Off

XRP price traded at $1.70, experiencing a continued decline with a 4% drop over the past 24 hours. The token has not been able to stabilize after its recent decline. This recent pullback caused over $70 million of XRP futures liquidations, of long positions.

The price has been trending lower since mid-January, consistently forming lower highs and lows. 

Source by Tradingview

The falling trendline has limited any efforts to recover as the price of XRP is under extreme pressure and undermines the mood on the market. The XRP has been under selling pressure, and the outlook is bearish.

Source: https://coingape.com/markets/bitcoin-and-xrp-price-prediction-after-u-s-government-shuts-down/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

DeFi Technologies' Valour Launches New Bitcoin-Collateralized ETP on London Stock Exchange

DeFi Technologies' Valour Launches New Bitcoin-Collateralized ETP on London Stock Exchange

PANews reported on September 19th that, as the UK gradually relaxes restrictions on digital assets, Valour, a subsidiary of DeFi Technologies, launched a Bitcoin-collateralized ETP on the London Stock Exchange, offering investors the opportunity to earn cryptocurrency returns. This Bitcoin-collateralized ETP offers an annual yield of 1.4%, backed by Bitcoin held in cold wallets and secured by multi-party computation (MCP) technology. Currently, this new Bitcoin-collateralized ETP is only available to institutional and professional investors. The UK will allow retail investors to purchase cryptocurrency ETNs again on October 8, lifting a ban in place since 2021. The announcement did not specify how returns will be generated. However, another Bitcoin ETP listed by Valour on a French exchange generates Bitcoin returns by delegating tokens on Core Chain.
Share
PANews2025/09/19 08:09
Why a Lambo Rental Atlanta Experience Feels Different

Why a Lambo Rental Atlanta Experience Feels Different

Atlanta has a reputation. Some of it’s earned. Some of it’s exaggerated. And some of it lives somewhere between late-night stories, car culture, and the way the
Share
Techbullion2026/02/09 17:43
Treasury opens comment period on GENIUS Act stablecoin rules

Treasury opens comment period on GENIUS Act stablecoin rules

The post Treasury opens comment period on GENIUS Act stablecoin rules appeared on BitcoinEthereumNews.com. The US Department of the Treasury has issued an advance notice of proposed rulemaking (ANPRM) to begin implementing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The measure invites public comments for 30 days following publication in the Federal Register, with submissions viewable on Regulations.gov. The Treasury is seeking input on consumer protection, illicit finance, financial stability, and compliance obligations for stablecoin issuers, as it develops the first formal regulations under the new law. The GENIUS Act, passed earlier this year, marked the first major US legislation focused specifically on payment stablecoins. It directs the Treasury to create a regulatory framework that balances innovation with oversight. This effort follows the Treasury’s August 18 request for comment on detecting illicit activity involving digital assets, which remains open until October 17. While the current notice does not impose new obligations, it signals a pivotal stage in translating the GENIUS Act into enforceable policy. Ethereum stablecoin supply | Blockworks Research Ethereum remains the dominant hub for stablecoins, with a circulating supply of $174 billion on its network, representing 60.7% market share across all chains, according to Blockworks Research data. USDT leads with more than $84 billion deployed on Ethereum, followed by USDC at $47 billion.  Emerging stablecoins such as USDe and USDf have shown sharp growth, expanding their supply by over $141 million and $38 million respectively in recent reporting periods. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/treasury-comment-period-genius
Share
BitcoinEthereumNews2025/09/20 02:00