News
  • Nidhi Kolhapur
    author-profile
    Nidhi Kolhapur right arrow
    Author

    Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

    • author facebook
    • author twitter
    • linkedin
  • Reviewed by: Zafar Naik
    author profile
    Zafar Naik right arrow
    Reviewed

    Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

    • 2 minutes read

    How Long Will the U.S. Government Shutdown Last?

    Story Highlights
    • Polymarket traders see a 56% chance that the U.S government shutdown could last beyond November 16.

    • Shutdown delays key economic reports and heightens market uncertainty.

    • Analysts estimate weekly economic losses of $10–30 billion.

    The U.S. government shutdown has dragged on for over a month, making it the longest closure in the nation’s history.

    Concerns are growing over its impact as it has affected everything from the economy to financial markets. Analysts are worried over how longer it could stretch and what it would mean for the broader economy and the crypto markets in the coming days.

    Shutdown To Extend Into Late November?

    Traders on Polymarket expect the government shutdown to continue well into mid or even late November. Traders see a 56% chance it lasts beyond November 16.

    The shutdown has delayed key economic reports creating uncertainty for investors and policymakers. Going ahead, a longer closure could make things worse, adding more strain to the economy.

    Economists Warn of Lasting Damage

    According to a Bloomberg report, analysts estimate that this is costing the economy between $10 billion and $30 billion a week. Unlike past shutdowns, where the impact was mostly temporary, this one could cause more damage. With high inflation, job concerns, and cuts to food aid, experts worry that the impact is spreading far beyond just unpaid government workers.

    Economists warn that if the shutdown extends beyond Thanksgiving, it could further damage consumer confidence and spending during the critical holiday season.

    White House economic adviser Kevin Hassett has also said that the impact is turning out to be much worse than expected. 

    The shutdown has also affected the crypto market, delaying key developments like the ETF approvals and progress on the market structure bill. Geopolitical tensions have added further pressure, with Trump’s tariff threats against China triggering a major liquidation event.

    However, the market has shown signs of recovery recently. The global crypto market cap today is at $3.55 trillion, up 2.7% in the last 24 hours. 

    What’s Next for Crypto Markets?

    Analyst Alex Krüger shared his outlook for risk assets heading into the end of the year

    He notes that markets will likely stay cautious until the shutdown ends but expects a bullish rebound, with Bitcoin possibly rising over 5% within just 48 hours. The Fed’s December meeting could be hawkish since most Fed officials currently favor a pause. However, he notes that their stance could change as new data comes in. A potential new Fed Chair nomination before the next meeting could also lift markets.

    He also warns that tax-loss selling in December could weigh on crypto prices, but the Supreme Court’s upcoming decision on tariffs could be a major bullish trigger if it goes against Trump.

    Looking ahead, he expects a “very bullish” first half of 2026, driven by easier fiscal and monetary policies.

    Never Miss a Beat in the Crypto World!

    Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

    FAQs

    How long could the U.S. government shutdown last?

    Traders expect the shutdown may continue into late November, keeping markets cautious until federal operations fully resume.

    How is the government shutdown affecting the economy?

    The shutdown is slowing economic activity, delaying data releases, and hurting confidence, with analysts warning of lasting damage if it continues.

    What impact is the shutdown having on crypto markets?

    Crypto is seeing delays in key approvals and added volatility, but recent price action shows signs of resilience as sentiment slowly improves.

    Could crypto prices rebound once the shutdown ends?

    Analysts expect a quick bounce after the shutdown, with Bitcoin potentially jumping as risk appetite returns and policy clarity improves.

    Trust with CoinPedia:

    CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

    Investment Disclaimer:

    All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

    Sponsored and Advertisements:

    Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

    Show More

    Related Articles

    Back to top button