• bitcoinBitcoin (BTC) $ 103,158.00
  • ethereumEthereum (ETH) $ 3,510.72
  • tetherTether (USDT) $ 0.999929
  • xrpXRP (XRP) $ 2.52
  • bnbBNB (BNB) $ 964.98
  • usd-coinUSDC (USDC) $ 0.999800
  • staked-etherLido Staked Ether (STETH) $ 3,508.58
  • tronTRON (TRX) $ 0.298856
  • dogecoinDogecoin (DOGE) $ 0.176311
  • cardanoCardano (ADA) $ 0.569388

Bitcoin Nears Lowest Since June as U.S. Government Shutdown Hits Joint Longest

The bitcoin price is approaching $103,000 as the federal shutdown ties the 2018–2019 record while dollar the strengthens and tech market futures decline.

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💡 DMK Insight

Bitcoin nearing $103,000 is a big deal, especially with the federal shutdown looming. This situation echoes the 2018-2019 shutdown, which saw volatility spike as traders reacted to uncertainty. With the dollar strengthening and tech futures declining, we could see a shift in capital flows. Traders might want to consider how these macroeconomic factors could impact Bitcoin’s price action. If Bitcoin breaks above $103,000, it could trigger a wave of buying, but if it fails to hold that level, we might see a quick pullback. Keep an eye on the correlation between Bitcoin and tech stocks; a continued decline in tech could lead to increased interest in Bitcoin as an alternative asset. Watch for key support levels around $100,000 and resistance at $105,000. These levels will be crucial in determining short-term trading strategies.

📮 Takeaway

Monitor Bitcoin’s price action around $103,000; a breakout could signal a bullish trend, while a failure to hold may lead to a pullback.

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