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Congress Pushes Odds of a Government Shutdown to December as Bitcoin Watches
['Ahmed Barakat', 'Part Of The Team Since', 'About Author', 'Has Also Written', 'Author Profile', 'Last Updated', 'Alan Draper', 'Ines S. Tavares', 'Ilija Rankovic', 'Leon Waters']
Cryptonews
The House measure simply extended current funding largely at existing levels through December 4, while the Senate’s subsequent version would run through December 11 and contains provisions absent from the House bill. The October 1 shutdown market therefore measures whether a shutdown occurs around that specific deadline, not whether another funding confrontation emerges in December. That leaves Bitcoin exposed to several simultaneous catalysts: inflation, Federal Reserve expectations, oil prices, Iran-related developments and the evolving U.S. funding negotiations.