Bitcoin Surges Past $103,500 as U.S. Government Shutdown Risks Intensify

Bitcoin has broken above $103,500 with the broader crypto market rebounding, as U.S. government shutdown risks loom and macroeconomic uncertainty persists. ETF outflows in both Bitcoin and Ethereum remain notable, and institutional investors continue to shift strategies amid liquidity constraints. Recent U.S. political developments, including an ongoing government shutdown and pivotal Supreme Court cases, are contributing to elevated market volatility.