In this video, we explore the recent development that has left Bitcoin and financial markets in a state of uncertainty. With the White House confirming that critical inflation and jobs data for October will likely not be released, we delve into the potential consequences for the Fed’s policy decisions and the broader market landscape. The longest US government shutdown in history has resulted in a data blackout, leaving policymakers flying blind. We discuss the impact on Bitcoin’s price, which has extended its weekly slide, and how prediction markets are adjusting their expectations. Join us as we analyze the rising uncertainty, the potential shift in the Fed’s stance, and the challenges ahead for Bitcoin traders. Will the missing data affect the chances of a December interest rate cut?
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