As the countdown to the U.S. government shutdown enters its final 72 hours, the cryptocurrency market is facing new uncertainties. The core impact of this event lies in the potential interruption of economic data releases, with the September non-farm payroll report originally scheduled for release on October 6 possibly being delayed due to the work stoppage of statisticians. This lack of data will put the Federal Reserve's interest rate meeting in early November in a "no data decision" dilemma.



From a market perspective, this situation may create short-term opportunities for Bitcoin. The lack of data could amplify market sentiment fluctuations, making Bitcoin a potential safe-haven choice in the short term as a highly elastic asset. Furthermore, if an extended government shutdown leads to a delay in the release of October's Consumer Price Index (CPI) data, the Federal Reserve may adopt a more cautious policy stance, reducing interest rate hike expectations, which would benefit the performance of risk assets.

However, this situation is also accompanied by significant risks. Data interruptions may weaken the reference points for market pricing, leading to more severe fluctuations in Bitcoin in the short term, and investors blindly chasing highs may face the risk of a correction. Additionally, if a government shutdown triggers turmoil in the U.S. stock market, this risk could be transmitted to the encryption currency market, and investors need to be wary that Bitcoin's "hedging logic" may fail.

In this complex market environment, investors need to remain vigilant and closely monitor the developments of the government shutdown and its impact on the release of various economic indicators. At the same time, they should also pay attention to the statements of Federal Reserve officials, as well as the market's expectations regarding changes in monetary policy. While seizing potential opportunities, it is also essential to fully recognize the risk factors present in the current market environment and adopt a prudent investment strategy.
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MEVHunterZhangvip
· 16h ago
That's it!
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SingleForYearsvip
· 16h ago
The onlookers are going to buy the dip again.
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NFT_Therapyvip
· 16h ago
The bull run is here, why not buy the dip!
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