Based on Cryptonews, the global crypto market fell nearly 4% on Wednesday as Bitcoin traded below its 200-day moving average of $110,000. Open interest in Bitcoin perpetual futures dropped sharply from $94b to $68b, while US Bitcoin ETFs saw only $1m in net inflows. Meanwhile, Asian equities edged higher on optimism that the US government shutdown, now the longest in history, may soon end. The US Senate passed an amended appropriations bill to reopen the government, awaiting House approval. In traditional markets, the Dow Jones rose 1.2% to a record close, while gold gained nearly 3%.
Crypto Market Dips 4% Amid US Government Shutdown Optimism
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