Crypto Markets Plateau Amid Rising Bets on Prolonged U.S. Government Shutdown
Cryptocurrency markets remain largely steady around a total valuation of $4.24 trillion as investors increasingly anticipate the ongoing U.S. government shutdown extending into November. On October 10, major digital assets are showing subdued price movements, with the majority of top cryptocurrencies posting modest weekly declines. Bitcoin (BTC) is trading flat both daily and weekly, holding slightly above $121,000 after retreating from its recent peak above $126,000. Despite this pullback, Bitcoin futures open interest remains elevated, a sign of heightened trader activity on both long and short positions. According to analytics provider Glassnode, the market is currently experiencing a leverage reset












