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U.S. GOVERNMENT SHUTDOWN – WHAT IT MEANS FOR MARKETS

A full federal shutdown began on October 1, 2023, impacting over 800K federal workers as the SEC and CFTC scaled back operations. The White House projected $15B in weekly GDP losses, adding pressure to the already fragile U.S. economy.

Market implications? Reduced regulatory activity could temporarily slow new listings and oversight, while macro uncertainty fuels volatility across equities and crypto. Historically, shutdowns have led to short-term dips followed by relief rallies once funding resumes.

Investors and traders are watching how this event shapes liquidity, institutional inflows, and the Fed’s next move.

#BinanceSquare #CryptoMarkets #USGovernment #MacroUpdate #Bitcoin