Bitcoin Traders Eye Bullish Silver Lining in Looming US Government Shutdown, Analyst Says

A number of reports predicted an imminent shutdown of the US government, given the expected failure of a state spending bill late on Saturday – a move intended to keep operations running until mid-November. Amidst these closures, bitcoin (BTC) has experienced a surge and attracted the attention of many people. Coinshares analyst Luke Nolan noted strong sentiment among some traders, who viewed the government shutdown in a favorable light.