Data: U.S. Government Shutdown Causes $408 Billion Loss in Cryptocurrency Market Growth Potential

According to CryptoQuant analysis, the U.S. government shutdown has a significant impact on the growth rate of the cryptocurrency market. From October 1 to November 10, the market growth rate sharply slowed, resulting in a total market cap loss of $408 billion in growth potential.

The Market Cap Growth Rate (MA Gap Ratio) data shows that Bitcoin's growth rate dropped from 16.75% on October 1 to 6.60% on November 10; the growth rate of the top 20 assets (excluding BTC) fell from 32.29% to 14.67%; small and mid-cap assets experienced the most severe decline, with their growth rate plummeting from 18.57% to just 0.21%.

The government shutdown has triggered significant macroeconomic uncertainty, delaying regulatory progress such as ETF approvals. Due to the lack of official economic data like inflation and employment, the Federal Reserve faces greater difficulties in formulating monetary policy, increasing investor caution. Although Bitcoin and Ethereum maintain historical resilience, the unstable political environment and disruptions in financial regulatory services have heightened risk perception.