đ»Why the Market is Falling
A shutdown is when U.S. government agencies temporarily close because Congress fails to pass a budget on time.
đŽAnd this has happened more than once. For example, in September 2024, there were also heated debates in the U.S. On September 19â20, the media reported that Congress was running out of time to avoid a shutdown. Only on September 24, 2024, did lawmakers approve a temporary funding extension to prevent the government from closing on October 1.
So for America, such situations are normal political processes: first noise and shutdown threats, but in the end, politicians reach an agreement.
đœThe main reason for the market drop now is the breach of the key Bitcoin support level at $115,000. This triggered a wave of liquidations totaling more than $1 billion in just 30 minutes.
âĄïžTherefore, it is important not to panic but to follow the main events of this week:
â U.S. GDP (September 25)
â Core PCE (September 26)
#Bearđ» #GDP #BTC #altcoins #Whale.Alert
$BTC $ETH $BNB
A shutdown is when U.S. government agencies temporarily close because Congress fails to pass a budget on time.
đŽAnd this has happened more than once. For example, in September 2024, there were also heated debates in the U.S. On September 19â20, the media reported that Congress was running out of time to avoid a shutdown. Only on September 24, 2024, did lawmakers approve a temporary funding extension to prevent the government from closing on October 1.
So for America, such situations are normal political processes: first noise and shutdown threats, but in the end, politicians reach an agreement.
đœThe main reason for the market drop now is the breach of the key Bitcoin support level at $115,000. This triggered a wave of liquidations totaling more than $1 billion in just 30 minutes.
âĄïžTherefore, it is important not to panic but to follow the main events of this week:
â U.S. GDP (September 25)
â Core PCE (September 26)
#Bearđ» #GDP #BTC #altcoins #Whale.Alert
$BTC $ETH $BNB