ASTROLABE
What does the U.S. government shutdown mean for the crypto market?
Last week, the U.S. federal government officially entered a shutdown starting October 1 — this was due to Congress's failure to timely pass budget appropriations, resulting in approximately 750,000 federal employees being forced into unpaid leave. Similar events have occurred multiple times in history, and while they do not pose a systemic risk in the short term, they are enough to disrupt the risk pricing logic of the market.
From a macro perspective, the direct impact of the shutdown is the interruption of economic data a
View OriginalLast week, the U.S. federal government officially entered a shutdown starting October 1 — this was due to Congress's failure to timely pass budget appropriations, resulting in approximately 750,000 federal employees being forced into unpaid leave. Similar events have occurred multiple times in history, and while they do not pose a systemic risk in the short term, they are enough to disrupt the risk pricing logic of the market.
From a macro perspective, the direct impact of the shutdown is the interruption of economic data a
