Cryptocurrency Markets Slump Amidst Uncertainty Around Fed Data

The recent government shutdown has hampered the Federal Reserve’s ability to access crucial economic data, including private sector employment information from ADP. This crucial data loss creates a substantial challenge for policymakers as they attempt to make interest rate decisions. The uncertainty surrounding this information has impacted cryptocurrency markets, with Bitcoin and altcoin prices declining by 3.87% and 4.79% respectively in the last 24 hours, reflecting market anxiety about Fed actions.