Crypto market loses $100B by Sunday 9:30 pm UTC as shutdown odds hit 80%
About $100 billion was erased from crypto markets by Sunday 9:30 pm UTC as traders reacted to the prospect of a partial US government shutdown. Senate Democrats threatened to block a funding package if it includes DHS money, while prediction markets put shutdown odds near 80% by Jan. 31. Bitcoin fell 3.4% and Ether dropped 5.3%.