GOVT SHUTDOWN WEEK 1: WASHINGTON FREEZES, BITCOIN HEATS UP The government shutdown froze key data like jobs and inflation, leaving the Fed flying blind last week. Markets hate uncertainty, but #Bitcoin seems to love it, climbing 13% in the past 7 days. And Q4 is already heating up with major catalysts: 💰 ETF flows are roaring back with $3.24B pouring into spot $BTC ETFs last week - the second biggest since launch. ⚙️ $ETH's Fusaka upgrade is on deck, boosting speed, scalability, and cost efficiency. 📊 Altcoin ETF filings are stacking up for $SOL, $XRP, $ADA, $DOGE, and $LTC - Wall Street clearly wants more than just Bitcoin. 🏦 Further Fed rate cuts are back on the table as the economy cools. When liquidity flows, risk assets rally - and Bitcoin is still the fastest horse in that race. Washington might be shut down, but crypto’s clock never stops. ⚡
Show original
35.14K
190
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.