Federal agencies will lose authority to spend if lawmakers fail to reach an agreement by midnight on Sept. 30. Consequently, nonessential operations would close, echoing the 34-day standoff during Trump’s first term, which furloughed hundreds of thousands of workers.
Considering this, both parties have pointed fingers over the impasse.
The consequences of a shutdown would extend beyond Washington, particularly for the crypto sector.
This matters because multiple applications for spot crypto exchange-traded funds (ETFs), including those linked to XRP, face October deadlines.
So, any disruption in the regulatory workflow could delay approvals.
A prolonged shutdown would pause those assessments, postponing a milestone in Ripple’s US strategy.
This uncertainty could also spill into the spot market value of the digital asset.
Despite steady institutional interest, the token has traded in a narrow range under $3 over the past month.
However, this momentum could be flipped if the impending government shutdown reverses investors’ interest in risk-on digital assets like XRP.
