Bitcoin experienced a notable decline, touching weekly lows of $101,300 as investors shifted capital toward traditional markets. This movement coincided with rallies in U.S. equities and gold preceding a critical congressional vote to avert a federal government shutdown. The simultaneous strength in conventional safe-haven assets and equities suggests a temporary recalibration of risk appetite among institutional participants. Market analysts observed that the cryptocurrency’s pullback reflects portfolio rebalancing activities during periods of political uncertainty, with traders seeking established hedges during legislative deadlocks. The divergence between digital and traditional assets underscores ongoing volatility in crypto markets when facing macroeconomic catalysts. While bitcoin maintains significant year-to-date gains, this episode highlights its continued sensitivity to broader financial market dynamics and regulatory developments. Trading volumes remained elevated across major exchanges as position adjustments accelerated ahead of the Washington deadline.
