While the American administration is paralyzed by a new Shutdown, the crypto queen offers itself an unexpected rebound, defying ambient volatility. This lag between political chaos and Crypto dynamism questions: are we witnessing a lasting tilting? In a climate of distrust of institutions, decentralized assets may well take advantage of this situation.
In short
- The United States has experienced its first government Shutdown since 2018, partially paralyzing the Federal Administration.
- This budget locking immediately caused an influx to assets refuges, like gold … and bitcoin.
- Bitcoin recorded a 2.9 %rebound, reaching $ 117,288, despite a context of high political instability.
- Several altcoins show signs of stabilization, suggesting that a low point may have been reached.
American political chaos increases the refuge values
This 1er October, the United States has officially entered its first government Shutdown since 2018, as predicted by Kalshi and Polymarket traders.
This blockage stems from the incapacity of the congress to adopt a transitional budgetary resolution for the 2026 fiscal year. The republicans' proposal, devoid of the adjustments requested by the Democrats led to a dead end.
The head of the Democratic majority in the Senate, Chuck Schumer, warned that millions of Americans were likely to lose their health coverage if no agreement was reached. Consequently, the federal administration is partially paralyzed, an unprecedented situation for six years.
This context of political instability has triggered an immediate reaction on the markets, in particular on assets perceived as refuge values. As such, several key indicators have recorded significant movements:
- Bitcoin (BTC) increased by 2.9 % in 24 hours, reaching $ 117,288;
- The price of gold recorded an increase of 0.7 %, the sign of a shift from capital to protective assets.
According to Ryan Lee, chief analyst at Bitget: “Bitcoin should also benefit from this Shutdown, because its immunity in the face of government and political uncertainties makes it attractive for traditional investors”.
This dynamic reflects a switch to alternative assets in time of political uncertainty, consolidating the image of Bitcoin as a refuge value in the face of institutional tensions.
Towards a floor for altcoins?
Beyond the Bitcoin performance, some signals reveal a possible trend reversal on the entire Crypto market, especially at the level of altcoins.
According to Ryan Lee, “Most promising altcoins seem to have reached their low point”. If the corrections remain possible, their current stabilization could announce a resumption of the market in the coming weeks.
Bitcoin crossing of the $ 117,000 threshold is perceived as a positive indicator for the whole ecosystem, especially since the month of October is historically favorable for the cryptos market.
Passed Shutdowns have often been followed by a more flexible posture of the American federal reserve. As the Kobeissi Letter recalls, these episodes are historically associated with an average increase of 13 % of the S&P 500 in the following year. This trend could indirectly benefit the crypto sector, through a softening of monetary policy and a revival of liquidity.
If American political uncertainty destabilizes institutions, it seems to offer an unexpected breath to the crypto market. Between renewed interest in the refuge and hopes of monetary recovery, this Shutdown could insert permanently into the current cycle of cryptos.
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