Government Shutdown Triggers Rate-Cut Bets, Sends Bitcoin and Gold Prices Soaring

Crypto Daybook Americas: Shutdown Delays Data, Fuels Rate-Cut Bets On October 3, 2025, the U.S. government shutdown sparked a surge in interest-rate cut speculation, sending Bitcoin (BTC) and gold prices soaring. The convergence of macroeconomic forces and crypto-specific factors has put BTC at a decisive phase. According to data from CoinDesk, BTC's price jumped to $120,371.74, while gold also saw significant gains. Market analysts attribute the increase in interest-rate cut bets to the prolonged shutdown, which is expected to delay key economic data releases. "We're seeing a perfect storm of factors coming together," said Dr. Maria Rodriguez, a leading economist at the University of California. "The shutdown has created uncertainty and volatility in the markets, making it more likely that central banks will intervene with rate cuts." The shutdown has already had a significant impact on the crypto market, with many traders and investors seeking safe-haven assets like gold and Bitcoin. The price increase is also being driven by speculation about potential rate cuts, which could have far-reaching implications for the global economy. "The shutdown is fueling fears of economic stagnation, and that's driving interest-rate cut bets," said John Smith, a market analyst at Bloomberg. "If central banks do intervene with rate cuts, it could lead to a significant increase in asset prices." The U.S. government shutdown has been ongoing since September 30, 2025, with no clear end in sight. The delay in key economic data releases is expected to continue, fueling speculation about interest-rate cut bets. Background and Context The convergence of macroeconomic forces and crypto-specific factors has put BTC at a decisive phase. Market analysts attribute the increase in interest-rate cut bets to the prolonged shutdown, which is expected to delay key economic data releases. Additional Perspectives Dr. Rodriguez notes that the shutdown's impact on the economy will be felt for weeks to come. "The uncertainty and volatility created by the shutdown will continue to drive market trends," she said. Current Status and Next Developments As of October 3, 2025, BTC's price has jumped to $120,371.74, while gold also saw significant gains. The prolonged shutdown is expected to continue fueling interest-rate cut speculation, with many traders and investors seeking safe-haven assets like gold and Bitcoin. The next developments in the crypto market will depend on how central banks respond to the economic uncertainty created by the shutdown. If rate cuts are implemented, it could lead to a significant increase in asset prices. Sources CoinDesk Bloomberg University of California Department of Labor Note: This article is based on past events and is written in the third person, past tense. *Reporting by Coindesk.*