The US government is in a prolonged shutdown state, which has had a significant impact on the cryptocurrency industry. This situation not only hinders the normal operation of the industry but may also delay the approval process for Bitcoin Spot ETFs. Industry experts warn that if the government shutdown lasts too long, it could trigger unexpected fluctuations in the crypto market, potentially evolving into a serious Black Swan Event. This uncertainty has already begun to affect the market performance of major crypto assets, including Bitcoin, Ethereum, and Binance Coin. Investors and industry participants need to closely follow the developments of the government shutdown and prepare for potential market turmoil.