🚨 US Government Shutdown Looms — High Volatility Ahead for Markets

The probability of a US government shutdown is currently estimated at 65–75% unless a last-minute deal is reached. This uncertainty is already impacting market behavior, and traders should prepare for heightened volatility in the coming days.

Key insights:

Leverage caution: With risks elevated, keeping leverage low and avoiding overexposure is prudent.

Market reactions: Stocks are mostly flat, but gold is hitting record levels, driven by both shutdown fears and broader geopolitical tensions.

Political standoff: Republicans are pushing for a Senate vote on a clean funding bill to shift responsibility to Democrats, while the House’s stopgap plan through Nov 21 failed in the Senate. The central dispute revolves around ACA subsidy protections, with neither side willing to compromise.

Economic impact: A shutdown could furlough 2 million federal workers, cause billions in lost weekly output, and place pressure on risk assets, including equities and crypto.

Implications for crypto:

Traders should anticipate that crypto markets may experience sharp swings as investors react to economic uncertainty and risk-off sentiment. Safe-haven assets like gold and BTC could see increased inflows, while leveraged positions face higher risk.

Bottom line: Stay informed, monitor market signals closely, and adjust positions responsibly as uncertainty unfolds.

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