Nov 13, 2025
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Bitcoin Drops 2.1% Amidst Ongoing Market Uncertainty
Bitcoin has declined by 2.1% in the past 24 hours, despite expectations for a rebound following the US government shutdown resolution. Ethereum's price is also under pressure. The temporary government funding deal to pay federal workers does not resolve underlying issues, leaving uncertainty in the market.
- The White Whale suggests that the crypto market hasn't rebounded because the shutdown isn't truly over, indicating potential future uncertainties.
- Nara Sumas argues that the decline is due to weak market sentiment and structural conditions, not the shutdown itself.
- Debate among traders highlights ongoing concerns about macroeconomic factors affecting the market.
Future market direction depends on whether confidence returns amidst uncertain policy directions. Bitcoin is currently trading at $102,900, down 2%. Meanwhile, XRP is gaining interest with anticipation of a potential US-based Spot XRP ETF launch.
