The post House Speaker Johnson Less Optimistic on Shutdown Resolution appeared on BitcoinEthereumNews.com. Key Points: House Speaker expresses pessimism about shutdown resolution. Political stalemate persists, affecting bipartisan negotiations. Cryptocurrency market remains stable despite political turmoil. U.S. House Speaker Mike Johnson expressed decreased optimism on November 7 regarding the resolution of the government shutdown from Washington D.C., highlighting partisan divisions over legislative solutions. This political impasse may affect traditional markets; however, cryptocurrency assets show no immediate volatility linked to Johnson’s comments or the shutdown’s progression, maintaining current market stability. House Speaker’s Grim Outlook on Shutdown Resolution Mike Johnson said, “The simple truth is Democrats in Congress have dragged our country into another reckless shutdown to satisfy their far-left base… There’s still time for Democrats to pass this clean, bipartisan bill that’s sitting before them. And we encourage our Democrat colleagues to do that. I certainly pray they’ll come to their census soon, do the right and responsible thing.” – Mike Johnson, Speaker of the House, U.S. House of Representatives “The simple truth is Democrats in Congress have dragged our country into another reckless shutdown to satisfy their far-left base… There’s still time for Democrats to pass this clean, bipartisan bill that’s sitting before them. And we encourage our Democrat colleagues to do that. I certainly pray they’ll come to their census soon, do the right and responsible thing.” – Mike Johnson, Speaker of the House, U.S. House of Representatives Minimal Crypto Market Reaction Amid Political Turmoil Did you know? Previous U.S. government shutdowns in 2013 and 2018-2019 had minimal immediate impacts on cryptocurrency markets, often resulting in muted reactions compared to traditional financial sectors. CoinMarketCap reports Ethereum (ETH) is trading at $3,284.39 with a market cap of $396,417,005,424. ETH’s 24-hour trading volume has decreased by 48.23%, and its price fell by 3.32% in 24 hours and 13.36% over the last 7 days. Ethereum(ETH), daily… The post House Speaker Johnson Less Optimistic on Shutdown Resolution appeared on BitcoinEthereumNews.com. Key Points: House Speaker expresses pessimism about shutdown resolution. Political stalemate persists, affecting bipartisan negotiations. Cryptocurrency market remains stable despite political turmoil. U.S. House Speaker Mike Johnson expressed decreased optimism on November 7 regarding the resolution of the government shutdown from Washington D.C., highlighting partisan divisions over legislative solutions. This political impasse may affect traditional markets; however, cryptocurrency assets show no immediate volatility linked to Johnson’s comments or the shutdown’s progression, maintaining current market stability. House Speaker’s Grim Outlook on Shutdown Resolution Mike Johnson said, “The simple truth is Democrats in Congress have dragged our country into another reckless shutdown to satisfy their far-left base… There’s still time for Democrats to pass this clean, bipartisan bill that’s sitting before them. And we encourage our Democrat colleagues to do that. I certainly pray they’ll come to their census soon, do the right and responsible thing.” – Mike Johnson, Speaker of the House, U.S. House of Representatives “The simple truth is Democrats in Congress have dragged our country into another reckless shutdown to satisfy their far-left base… There’s still time for Democrats to pass this clean, bipartisan bill that’s sitting before them. And we encourage our Democrat colleagues to do that. I certainly pray they’ll come to their census soon, do the right and responsible thing.” – Mike Johnson, Speaker of the House, U.S. House of Representatives Minimal Crypto Market Reaction Amid Political Turmoil Did you know? Previous U.S. government shutdowns in 2013 and 2018-2019 had minimal immediate impacts on cryptocurrency markets, often resulting in muted reactions compared to traditional financial sectors. CoinMarketCap reports Ethereum (ETH) is trading at $3,284.39 with a market cap of $396,417,005,424. ETH’s 24-hour trading volume has decreased by 48.23%, and its price fell by 3.32% in 24 hours and 13.36% over the last 7 days. Ethereum(ETH), daily…

House Speaker Johnson Less Optimistic on Shutdown Resolution

2025/11/07 03:52
Key Points:
  • House Speaker expresses pessimism about shutdown resolution.
  • Political stalemate persists, affecting bipartisan negotiations.
  • Cryptocurrency market remains stable despite political turmoil.

U.S. House Speaker Mike Johnson expressed decreased optimism on November 7 regarding the resolution of the government shutdown from Washington D.C., highlighting partisan divisions over legislative solutions.

This political impasse may affect traditional markets; however, cryptocurrency assets show no immediate volatility linked to Johnson’s comments or the shutdown’s progression, maintaining current market stability.

House Speaker’s Grim Outlook on Shutdown Resolution

Mike Johnson said,

Minimal Crypto Market Reaction Amid Political Turmoil

Did you know? Previous U.S. government shutdowns in 2013 and 2018-2019 had minimal immediate impacts on cryptocurrency markets, often resulting in muted reactions compared to traditional financial sectors.

CoinMarketCap reports Ethereum (ETH) is trading at $3,284.39 with a market cap of $396,417,005,424. ETH’s 24-hour trading volume has decreased by 48.23%, and its price fell by 3.32% in 24 hours and 13.36% over the last 7 days.

Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 16:36 UTC on November 6, 2025. Source: CoinMarketCap

Insights suggest potential economic adjustments amid political uncertainty. Future regulatory shifts may follow prolonged government dysfunction periods. Historical trends imply cryptocurrency markets may remain resilient unless direct regulatory interventions occur. Experts from Coincu emphasize the importance of tracking institutional responses to ongoing political developments.

Source: https://coincu.com/markets/house-speaker-johnson-shutdown/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

The post Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO appeared on BitcoinEthereumNews.com. Aave DAO is gearing up for a significant overhaul by shutting down over 50% of underperforming L2 instances. It is also restructuring its governance framework and deploying over $100 million to boost GHO. This could be a pivotal moment that propels Aave back to the forefront of on-chain lending or sparks unprecedented controversy within the DeFi community. Sponsored Sponsored ACI Proposes Shutting Down 50% of L2s The “State of the Union” report by the Aave Chan Initiative (ACI) paints a candid picture. After a turbulent period in the DeFi market and internal challenges, Aave (AAVE) now leads in key metrics: TVL, revenue, market share, and borrowing volume. Aave’s annual revenue of $130 million surpasses the combined cash reserves of its competitors. Tokenomics improvements and the AAVE token buyback program have also contributed to the ecosystem’s growth. Aave global metrics. Source: Aave However, the ACI’s report also highlights several pain points. First, regarding the Layer-2 (L2) strategy. While Aave’s L2 strategy was once a key driver of success, it is no longer fit for purpose. Over half of Aave’s instances on L2s and alt-L1s are not economically viable. Based on year-to-date data, over 86.6% of Aave’s revenue comes from the mainnet, indicating that everything else is a side quest. On this basis, ACI proposes closing underperforming networks. The DAO should invest in key networks with significant differentiators. Second, ACI is pushing for a complete overhaul of the “friendly fork” framework, as most have been unimpressive regarding TVL and revenue. In some cases, attackers have exploited them to Aave’s detriment, as seen with Spark. Sponsored Sponsored “The friendly fork model had a good intention but bad execution where the DAO was too friendly towards these forks, allowing the DAO only little upside,” the report states. Third, the instance model, once a smart…
Share
BitcoinEthereumNews2025/09/18 02:28
Evernorth’s XRP Losses Signal Growing Pressures on Crypto Treasury Firms

Evernorth’s XRP Losses Signal Growing Pressures on Crypto Treasury Firms

The post Evernorth’s XRP Losses Signal Growing Pressures on Crypto Treasury Firms appeared on BitcoinEthereumNews.com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → Evernorth’s XRP investment has resulted in approximately $78 million in unrealized losses amid a month-long cryptocurrency market downturn, highlighting the vulnerabilities of digital asset treasury companies (DATs). This pressure stems from volatile prices affecting altcoins like XRP, impacting firms heavily exposed to such assets. Evernorth acquired significant XRP holdings just before a price drop, leading to substantial unrealized losses. Other DATs, like MicroStrategy, face share declines of over 26% in the past month due to Bitcoin’s retreat. BitMine reports nearly $2.1 billion in unrealized losses on Ethereum reserves, with 3.4 million ETH held, including 565,000 acquired recently. Discover how Evernorth’s XRP losses signal rising pressure on digital asset treasury companies amid crypto volatility. Explore DAT challenges and strategies for resilience. Stay informed on market impacts today. What Are Evernorth’s XRP Investment Losses and Their Impact? Evernorth’s XRP investment losses currently stand at around $78 million in unrealized terms, triggered by a sharp decline in XRP’s price following the company’s recent large-scale acquisitions. This situation underscores the risks for digital asset treasury companies (DATs) that allocate significant portions of their…
Share
BitcoinEthereumNews2025/11/08 11:15