The United States’ Government has entered its first major federal shutdown in more than six years, raising questions about how the crypto market will respond. Will it mirror the January 2018 shutdown—also following a five-year gap—or will digital assets withstand the uncertainty more smoothly this time?
BeInCrypto analyzed three altcoins that stood out during the early 2018 shutdown and where they could be headed now.
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Tron (TRX)
Tron was not among the top 10 cryptocurrencies seven years ago, yet it still held a $4.6 billion market cap. During the last US shutdown, TRX became one of the biggest losers of the day, falling 17% in just 24 hours as market sentiment turned sharply bearish.
This time, conditions appear different as the broader crypto market shows greater resilience. Unlike in 2018, digital assets have matured and are less dependent on US political events. In the past 24 hours, the total crypto market cap climbed by $66 billion, signaling improved investor confidence.
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Tron’s price is currently at $0.338, eyeing a potential move past the $0.345 resistance. If momentum builds, TRX could record further gains. Even if bullish strength stalls, the altcoin is expected to consolidate above this support level.
Aave (AAVE)
AAVE mirrored Tron’s reaction during the previous US government shutdown, with the
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Author: Aaryamann Shrivastava
