The U.S. government faces a potential shutdown crisis, which could have far-reaching effects on the Bitcoin market. Of particular concern is the possible delay of the non-farm payroll report originally scheduled for release on Friday, which is an important indicator for crypto assets investors to gauge the Fed's monetary policy direction.

Recently, although the price of Bitcoin has surpassed the $114,000 mark, it has still seen a 0.7% drop compared to two weeks ago due to the uncertainty of the government shutdown. Historical data shows that the impact of government shutdowns on Bitcoin has been mixed: during the shutdown in 2013, the price of Bitcoin rose by 14%, while the shutdown from 2018 to 2019 resulted in a 6% drop.

Crypto Assets analysts point out that there is a great deal of uncertainty regarding Bitcoin's response to government shutdowns, which may exacerbate short-term market volatility. They believe that while expectations of interest rate cuts provide support for risk assets, concerns over political risk and economic bubbles may amplify short-term fluctuations.

For the Crypto Assets market, this situation brings both liquidity support and increased downside risks. In the medium term, if interest rate cuts are confirmed, it will improve market liquidity and thus support risk assets. However, in the short term, economic bubble panic and government shutdown risks may lead to a more fragile market, even resulting in sharp fluctuations after a sudden drop followed by a rebound.

Investors are now closely following the movements of the U.S. Congress. If Congress fails to pass a complete budget by midnight Tuesday, a government shutdown will become a reality. In this case, the Bitcoin market may experience a period of turbulence, and investors need to remain vigilant, closely monitoring political and economic dynamics to make informed investment decisions.