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Key US Economic Events This Week Could Influence Crypto Markets Amid Government Shutdown

NextFin news, On Monday, October 6, 2025, the US government shutdown entered its third day, yet cryptocurrency markets remain buoyant following Bitcoin's record surge to $125,500 on Sunday. This week, from October 6 to 10, several key US economic events are scheduled that could influence crypto market dynamics.

Despite the shutdown, which has muted broader economic activity, markets have largely shrugged off its effects as most shutdowns historically last only a few days without significant economic disruption. Crypto markets have reached an all-time high total capitalization of $4.32 trillion early Monday in Asia, maintaining gains from the weekend.

Tuesday will feature the New York Fed inflation expectations report, providing insights into future inflation trends. Inflation has risen from 2.3% in April to 2.9% in August, partly due to ongoing trade tariffs. On Wednesday, the Federal Reserve will release the minutes from its September meeting, offering clues on monetary policy direction.

Thursday will see remarks from Federal Reserve Chair Jerome Powell, closely watched by investors for signals on interest rate policy amid recent labor market weakness and economic stagnation indicated by the ISM Services index. Fed Governor Michal Barr and St. Louis Fed President Alberto Musalem will also deliver speeches during the week, addressing the challenges posed by limited economic data during the shutdown.

Friday's agenda includes consumer sentiment and expectations data from the University of Michigan, and potentially the September jobs report, contingent on the government shutdown ending in time. These data points are critical for assessing the Federal Reserve's likelihood of cutting rates later this month, a move that could further impact crypto asset valuations.

Bitcoin's recent price peak has fueled optimism for a continued rally in the fourth quarter, with some analysts predicting prices could reach $150,000 or higher. Ethereum and other altcoins have seen mixed movements, with some gains retracing as market focus shifts to macroeconomic developments.

Overall, the week ahead is marked by important US economic releases and Federal Reserve communications that could shape short-term cryptocurrency market trends, even as the government shutdown limits broader economic data flow.

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