{"id":12438,"date":"2025-10-17T10:30:04","date_gmt":"2025-10-17T10:30:04","guid":{"rendered":"https:\/\/icobench.com\/fr\/?p=12438"},"modified":"2025-11-05T21:15:08","modified_gmt":"2025-11-05T21:15:08","slug":"shutdown-prolonge-cryptos-commencent-faire-les-frais","status":"publish","type":"post","link":"https:\/\/icobench.com\/fr\/news\/shutdown-prolonge-cryptos-commencent-faire-les-frais\/","title":{"rendered":"Shutdown prolong\u00e9, les cryptos commencent \u00e0 en faire les frais"},"content":{"rendered":"<p>Comme anticip\u00e9, <strong>le shutdown du gouvernement<\/strong> am\u00e9ricain a conduit \u00e0 une hausse temporaire des prix des cryptos avant l\u2019installation du sentiment baissier. Comme lors des pr\u00e9c\u00e9dentes suspensions d\u2019activit\u00e9 de l\u2019administration am\u00e9ricaine, <strong>la prolongation conduit \u00e0 un renversement de la tendance haussi\u00e8re<\/strong>.<\/p>\n<p>En ce moment, les puits de liquidit\u00e9 s\u2019\u00e9puisent progressivement tandis que les investisseurs et les acteurs institutionnels sont contraints \u00e0 la prudence. Et dans un tel contexte, les actifs sp\u00e9culatifs comme <strong>les cryptomonnaies commencent \u00e0 en payer le prix<\/strong>.<\/p>\n<h2><span id=\"les_actifs_crypto_degringolent\">Les actifs crypto d\u00e9gringolent<\/span><\/h2>\n<p>\u00c0 ce jour, les principales cryptomonnaies sont en repli. Pour la plupart, elles ont d\u00e9j\u00e0 retrac\u00e9 les gains r\u00e9alis\u00e9s apr\u00e8s le crash de la semaine derni\u00e8re. Ainsi, au cours des 7 derniers jours, <strong>BTC et ETH ont recul\u00e9 de 13 %<\/strong>, tandis que <strong>SOL, BNB et XRP ont plong\u00e9 de plus de 17 %<\/strong>.<\/p>\n<p>Ceci s\u2019accompagne de liquidations consid\u00e9rables s\u2019\u00e9levant \u00e0 <a href=\"https:\/\/www.coinglass.com\/LiquidationData\" target=\"_blank\" rel=\"noopener noreferrer\">1,2 milliard $ au cours des derni\u00e8res 24 heures<\/a>. Une liquidation essentiellement constitu\u00e9e de 940 millions $ en positions longues. La preuve, s\u2019il en fallait encore, que les march\u00e9s sont entr\u00e9s dans une p\u00e9riode baissi\u00e8re.<\/p>\n<p>Globalement, <a href=\"https:\/\/coinmarketcap.com\/charts\/\" target=\"_blank\" rel=\"noopener noreferrer\">la capitalisation totale des march\u00e9s crypto a recul\u00e9 de 6 %<\/a> d\u2019hier \u00e0 aujourd\u2019hui. Les actifs sont en pleine h\u00e9morragie pendant que les investisseurs se replient vers des actifs plus r\u00e9silients. Ceci explique en grande partie <a href=\"https:\/\/icobench.com\/fr\/news\/chute-crypto-or-brille-trump-chine\/\" rel=\"\">l\u2019int\u00e9r\u00eat renouvel\u00e9 pour l\u2019or<\/a><strong>, sous sa forme physique ou tok\u00e9nis\u00e9e<\/strong>.<\/p>\n<p>En effet, cette baisse globale des march\u00e9s est presque enti\u00e8rement uniforme. Une cat\u00e9gorie d\u2019actifs sort toutefois du lot avec une marge de <strong>progression de 9 % \u00e0 10 % au cours de la semaine \u00e9coul\u00e9e<\/strong>. Il s\u2019agit des versions tok\u00e9nis\u00e9es de l\u2019or. Aussi bien <strong>Tether Gold (XAUt) que PAX GOLD (PAXG) sont en hausse<\/strong>.<\/p>\n<p>Une preuve incontestable que les investisseurs se tournent vers des actifs de r\u00e9serve dans un contexte de troubles \u00e9conomiques. Surtout, compte tenu de <a href=\"https:\/\/icobench.com\/fr\/news\/malgre-shutdown-usa-btc-progresse\/\" rel=\"\">l\u2019impact du shutdown gouvernemental<\/a> sur le<strong> fonctionnement r\u00e9gulier des rouages financiers<\/strong>.<\/p>\n<h2><span id=\"le_shutdown_fragilise_le_systeme_financier_traditionnel\">Le shutdown fragilise le syst\u00e8me financier traditionnel<\/span><\/h2>\n<p>Typiquement, les institutions financi\u00e8res de taille interm\u00e9diaire <strong>d\u00e9pendent d\u2019injections presque constantes d\u2019argent<\/strong> pour op\u00e9rer normalement. En temps normal, c\u2019est une machine bien huil\u00e9e qui sous-tend l\u2019\u00e9conomie.<\/p>\n<p>Mais, dans le cadre d\u2019un shutdown, <strong>les salaires vers\u00e9s par le gouvernement<\/strong>, ainsi qu\u2019une part non n\u00e9gligeable de <strong>d\u00e9penses gouvernementales sont \u00e0 l\u2019arr\u00eat<\/strong>. Dans ce contexte, les banques r\u00e9gionales sont tenues de vendre des actifs ou d\u2019emprunter pour rester solvables.<\/p>\n<figure id=\"attachment_12443\" aria-describedby=\"caption-attachment-12443\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-12443\" src=\"https:\/\/icobench.com\/fr\/wp-content\/uploads\/sites\/5\/2025\/10\/@great_martis-crise-bancaire-octobre-2025.jpg\" alt=\"@great_martis - crise bancaire octobre 2025\" width=\"1200\" height=\"600\" srcset=\"https:\/\/icobench.com\/fr\/wp-content\/uploads\/sites\/5\/2025\/10\/@great_martis-crise-bancaire-octobre-2025.jpg 1200w, https:\/\/icobench.com\/fr\/wp-content\/uploads\/sites\/5\/2025\/10\/@great_martis-crise-bancaire-octobre-2025-300x150.jpg 300w, https:\/\/icobench.com\/fr\/wp-content\/uploads\/sites\/5\/2025\/10\/@great_martis-crise-bancaire-octobre-2025-1024x512.jpg 1024w, https:\/\/icobench.com\/fr\/wp-content\/uploads\/sites\/5\/2025\/10\/@great_martis-crise-bancaire-octobre-2025-768x384.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"><figcaption id=\"caption-attachment-12443\" class=\"wp-caption-text\"><a href=\"https:\/\/x.com\/great_martis\/status\/1978480255133422060\" target=\"_blank\" rel=\"noopener noreferrer\">Source : @great_martis sur X<\/a><\/figcaption><\/figure>\n<p>Ceci se traduit g\u00e9n\u00e9ralement par une baisse de leur cours. Une situation qui transpara\u00eet actuellement aux \u00c9tats-Unis. <strong>Les actions des banques r\u00e9gionales sont en baisse<\/strong> aujourd\u2019hui. Et pour les analystes, c\u2019est un indicateur inqui\u00e9tant. En particulier, si ceci d\u00e9note d\u2019un <a href=\"https:\/\/icobench.com\/fr\/news\/shutdown-defaut-liquidite-poison-lent-pour-cryptos\/\" rel=\"\">manque de liquidit\u00e9<\/a> et de pertes non r\u00e9alis\u00e9es \u00e0 l\u2019horizon.<\/p>\n<p>Et tout semble indiquer que les banques sont r\u00e9ellement en manque de liquidit\u00e9. <strong>Elles sont actuellement en train d\u2019emprunter<\/strong> \u00e0 tour de bras aupr\u00e8s de <a href=\"https:\/\/icobench.com\/fr\/news\/fed-waller-multiples-baisses-taux\/\" rel=\"\">la R\u00e9serve f\u00e9d\u00e9rale<\/a> pour combler les trous.<\/p>\n<figure id=\"attachment_12444\" aria-describedby=\"caption-attachment-12444\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-12444\" src=\"https:\/\/icobench.com\/fr\/wp-content\/uploads\/sites\/5\/2025\/10\/@DarioCpx-crise-bancaire-octobre-2025.jpg\" alt=\"@DarioCpx - crise bancaire octobre 2025\" width=\"1200\" height=\"600\" srcset=\"https:\/\/icobench.com\/fr\/wp-content\/uploads\/sites\/5\/2025\/10\/@DarioCpx-crise-bancaire-octobre-2025.jpg 1200w, https:\/\/icobench.com\/fr\/wp-content\/uploads\/sites\/5\/2025\/10\/@DarioCpx-crise-bancaire-octobre-2025-300x150.jpg 300w, https:\/\/icobench.com\/fr\/wp-content\/uploads\/sites\/5\/2025\/10\/@DarioCpx-crise-bancaire-octobre-2025-1024x512.jpg 1024w, https:\/\/icobench.com\/fr\/wp-content\/uploads\/sites\/5\/2025\/10\/@DarioCpx-crise-bancaire-octobre-2025-768x384.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"><figcaption id=\"caption-attachment-12444\" class=\"wp-caption-text\"><a href=\"https:\/\/x.com\/DarioCpx\/status\/1978802611785748678\" target=\"_blank\" rel=\"noopener noreferrer\">Source : @DarioCpx sur X<\/a><\/figcaption><\/figure>\n<p>C\u2019est une situation contre-intuitive. D\u2019un point de vue purement th\u00e9orique, <strong>le manque de liquidit\u00e9 en TradFi devrait conduire les investisseurs vers la DeFi<\/strong>. Mais, c\u2019est surtout la preuve que la finance d\u00e9centralis\u00e9e est <strong>encore tr\u00e8s loin de l\u2019adoption globale qu\u2019elle vise<\/strong>. Autrement, les march\u00e9s crypto seraient en hausse dans le contexte d\u2019incertitude actuel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Comme anticip\u00e9, le shutdown du gouvernement am\u00e9ricain a conduit \u00e0 une hausse temporaire des prix des cryptos avant l\u2019installation&#8230;<\/p>\n","protected":false},"author":224,"featured_media":12439,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-12438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Shutdown prolong\u00e9, les cryptos commencent \u00e0 en faire les frais<\/title>\n<meta name=\"description\" content=\"Le shutdown prolong\u00e9 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