Pressure Builds: Will the Shutdown Chaos Mark Bitcoin’s Turning Point? || Nov 5, 2025

Bitcoin holds the critical 98K level as markets reel from banking stress and Washington’s shutdown drama.

🪙 Crypto Market Overview

Bitcoin and global risk assets came under intense pressure yesterday as banking turmoil and the U.S. government shutdown triggered a broad sell-off.
Macro data worsened too — Monday’s ISM confirmed weakening conditions, feeding fears that policy paralysis could deepen liquidity stress.

Markets are now laser-focused on a resolution to the shutdown, seen as the key step to restore confidence and ease financial tension. On-chain stress readings such as the SOPR spike suggest capitulation risk remains, but also that the worst of the flush may be nearing its end.