The US federal government #Shutdown2025 at midnight on September 30 due to congressional failure to pass funding for fiscal year 2026, marking the first such event since 2018-2019.
This partial halt affects non-essential operations, furloughing ~800,000 workers and delaying economic data like the October jobs report.
Some thoughts on financial markets:
Expect short-term volatility and a risk-off mood, with stocks potentially dipping 0.5-1% initially as investors await clarity
Treasury yields may steepen amid Fed uncertainty from missing data, slowing IPOs and complex trades due to reduced SEC staffing (down to ~9%)
Longer shutdowns could shave 0.1-0.2% off quarterly GDP growth.
For crypto
Heightened uncertainty could pressure #Bitcoin and #Ethereum prices downward (e.g., 2-5% dips), delaying SEC/CFTC reviews for spot ETFs (like #Solana ) and stalling market structure bills in Congress.
Trading volumes may spike on fear, but historical precedents suggest minimal long-term damage if resolved quickly
This partial halt affects non-essential operations, furloughing ~800,000 workers and delaying economic data like the October jobs report.
Some thoughts on financial markets:
Expect short-term volatility and a risk-off mood, with stocks potentially dipping 0.5-1% initially as investors await clarity
Treasury yields may steepen amid Fed uncertainty from missing data, slowing IPOs and complex trades due to reduced SEC staffing (down to ~9%)
Longer shutdowns could shave 0.1-0.2% off quarterly GDP growth.
For crypto
Heightened uncertainty could pressure #Bitcoin and #Ethereum prices downward (e.g., 2-5% dips), delaying SEC/CFTC reviews for spot ETFs (like #Solana ) and stalling market structure bills in Congress.
Trading volumes may spike on fear, but historical precedents suggest minimal long-term damage if resolved quickly