The US Government Shutdown Looms, Key Economic Data Missing May Worsen Market Volatility

September 30th. According to BiyaPay analysts, in the event that the U.S. government shuts down after September 30th, it will result in a delay in the release of several crucial economic data, such as the non-farm payroll report scheduled for October 3rd by the Labor Department and the Consumer Price Index (CPI). Employment, inflation, and spending data are significant factors for the Federal Reserve to evaluate the economic situation and determine interest rate policies. Once these data are missing, market uncertainty will increase significantly. Analysts pointed out that the absence of official data means that the Federal Reserve will face difficulties in assessing whether to further cut interest rates based on the "gold standard" data before the October interest rate meeting. This may lead to increased volatility in the financial market, with the U.S. dollar and risk asset prices under pressure. In this context, Bitcoin, as a risk asset and hedging tool, may experience high-pressure fluctuations and short-term adjustment pressure. Investors need to pay attention to the direct impact of the delay in macro data such as non-farm payrolls and CPI on market sentiment. BiyaPay analysts suggest that investors should remain cautious during periods of high volatility, properly control their positions and risks. At the same time, BiyaPay provides 0 transaction fee spot and contract trading services, supporting users in investing in U.S. and Hong Kong stocks using USDT, helping users flexibly respond to macro risks and market fluctuations and seize cross-market opportunities.