U.S. Government Shutdown Ties Longest Record, Disrupts Economic Data Flow
The ongoing U.S. government shutdown has reached 34 days, matching the longest such hiatus in history. Unlike the 2018 shutdown, which was partial, this stoppage has frozen all federal agencies—including critical data providers like the Census Bureau and Department of Labor.
Key economic indicators—employment figures, inflation metrics, and retail sales—are now in limbo. The absence of this data leaves economists, policymakers, and businesses navigating blindfolded amid existing headwinds from tariffs and inflation.
For cryptocurrency markets, the blackout introduces volatility risks. Traders relying on macroeconomic signals to gauge Fed policy may pivot to alternative datasets, potentially amplifying price swings in BTC, ETH, and other major assets.