
Potential U.S. Government Shutdown Kickoff
A potential U.S. government shutdown looms if Congress fails to pass a funding resolution by October 1. A shutdown would close or limit non-essential federal operations, potentially delaying key economic data releases such as jobs reports, inflation updates, and trade statistics. The uncertainty often triggers risk-off sentiment, with investors moving away from volatile assets like cryptocurrencies. BTC, ETH, and large-cap altcoins could experience price pressure as market participants reassess risk. Additionally, regulatory actions or Treasury operations may slow during a shutdown, adding to market ambiguity. Even the anticipation of a shutdown can cause heightened volatility, as traders adjust positions in response to potential disruptions in fiscal policy and economic reporting.
