As reported by AiCoin, QCP Asia noted that the U.S. Senate passed a temporary funding bill to extend government operations until January 30, 2026, with Polymarket predicting a 96% chance the shutdown will end before mid-November. Despite U.S. market volatility, BTC held steady around $103,000 during Asian trading hours. ADP and NFIB data indicated a slowing labor market, suggesting the Federal Reserve may maintain a 'cautious easing' path before its December policy meeting. QCP Asia stated that tariff tensions and credit fluctuations could cause market turbulence, but potential rate cuts and strong corporate earnings may support BTC and risk assets through 2026.
BTC Remains Stable Amid U.S. Government Shutdown Uncertainty
AiCoinShare






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.