U.S. Treasury Secretary Yellen just said two things:

First, the government shutdown has caused a permanent loss of $11 billion to the U.S. GDP, and second, they stubbornly claim that there is no risk of an overall economic recession. Putting these two statements together carries a huge amount of information!
First, let's look at the first point: the government shutdown directly wiped out $11 billion in GDP. What does this indicate? The traditional economic system is becoming increasingly fragile, often falling apart. However, this is potentially beneficial for the crypto space—during economic instability, more people will seek assets outside the traditional system for hedging. Think about the historical surge of Bitcoin during last year's banking crisis; doesn't this feel familiar?
Furthermore, on the second point, the treasury secretary says there is "no risk of recession" but the body is very honest. The permanent GDP loss is there, and the Federal Reserve's subsequent policies are likely to be more cautious. If the expectations for interest rate cuts are brought forward, as market liquidity loosens, high-elasticity assets like cryptocurrencies will definitely be the first to benefit. #反弹币种推荐