Bitcoin briefly lost all of its gains this year after the crypto markets bled over the weekend, despite the US government reopening on Thursday, which was expected to provide much-needed relief to the markets. This year was tipped to be a strong one for the crypto markets after US President Donald Trump was inaugurated on Jan. 20 and formed the most pro-crypto administration to date, which has followed through on most of his promises. However, Trump’s war on tariffs and the US government shutdown — the latter of which ended on Thursday after a record 43 days — have contributed to multiple double-digit Bitcoin price pullbacks throughout the year.
Author: Cointelegraph by Brayden Lindrea
Published at: 2025-11-16 23:42:12
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