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Binance News
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U.S. Senate Passes Bill; House to Vote on February 2
Jack Kong, founder of Nano Labs, stated on X (formerly Twitter) that the U.S. Senate has passed a bill, and the House of Representatives will hold a final vote on February 2. A partial government shutdown may occur on January 31.
This kind of policy uncertainty often drives funds towards safe-haven assets like Bitcoin. Historically, every time there is a government shutdown, the crypto market experiences volatility as investors seek decentralized assets to hedge against risks in the traditional financial system. In the short term, attention should be paid to changes in market sentiment.
This kind of policy uncertainty often drives funds towards safe-haven assets like Bitcoin. Historically, every time there is a government shutdown, the crypto market experiences volatility as investors seek decentralized assets to hedge against risks in the traditional financial system. In the short term, attention should be paid to changes in market sentiment.
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