š Chance of another US Government shutdown starting tomorrow drops to 14%.
š This sharp drop in the shutdown probability to 14% is a massive relief for risk assets. While some argue that government shutdowns make Bitcoin look better as a hedge against fiscal mismanagement, the reality is that short-term fear usually triggers a liquidity crunch. A shutdown often forces institutional investors to liquidate riskier assets to cover margin calls or raise cash. With this threat receding, we can expect the focus to shift back to Federal Reserve policy and liquidity inflows, which is bullish for crypto in the medium term