Government Shutdown Disrupts US Economic Data Release, Impacting Crypto Markets

The US government shutdown is causing a delay in the release of key economic data, particularly the Initial Jobless Claims report scheduled for October 23rd. This disruption is causing uncertainty in both financial and crypto markets as traders rely on alternative sources for economic insights during the data blackout. Bitcoin remains dominant despite a decline in trading volume, highlighting its position as a safe haven asset amid market volatility.