Bitcoin News Update: CPI Postponement Creates Data Gap, Markets Await Turbulent Outcome
- U.S. government shutdown delays critical CPI data until October 24, risking accuracy due to 60% missing price quotes, especially in housing. - Cryptocurrency markets face volatility as Ethereum ETFs lose $456M, while delayed CPI complicates Social Security COLA calculations and Fed rate decisions. - Political gridlock over healthcare subsidies prolongs shutdown, with prediction markets forecasting a 60% chance of exceeding 35-day historical precedents. - Markets brace for CPI-driven volatility: a 3% read
The ongoing U.S. government shutdown has interrupted the publication of vital economic indicators, such as the September 2025 Consumer Price Index (CPI) report, which has now been postponed to October 24. The Bureau of Labor Statistics (BLS) is struggling to gather reliable data, with 60% of CPI price inputs—collected through in-person and phone interviews—unavailable for a significant portion of October. This shortfall, especially in the housing sector (which makes up about one-third of the CPI), could expand the 95% confidence interval for the headline CPI, and these inaccuracies may persist into spring 2026. Alternative sources like Truflation and the Adobe Digital Price Index provide some interim perspective, but their methodologies differ from the official CPI, as noted by
The economic fallout from the shutdown goes beyond just delayed statistics. As the partial government closure reaches its 21st day, industries ranging from farming to property are encountering operational disruptions. Although stopgap funding has been put in place, ongoing disagreements over healthcare subsidies—a central issue for Democrats in resolving the shutdown—have stalled broader legislative progress. White House Chief Economic Advisor Kevin Hassett indicated that the administration might take "stronger actions" if Congress does not reopen the government by the end of October, according to a
The cryptocurrency sector has also been impacted.
The delay in CPI data has also complicated the calculation of Social Security's 2026 cost-of-living adjustment (COLA). Traditionally based on the September CPI, the COLA announcement has now been moved to October 24. Experts expect a larger-than-normal adjustment, attributed to President Trump's policies that have kept inflation high. However, the postponed data adds uncertainty, potentially resulting in a COLA that overstates inflation and fails to address broader living cost issues for retirees, as reported by
Meanwhile, the upcoming CPI release has become a key event for global investors. A cooler-than-expected 3% inflation rate for September—lower than the 3.1% forecast—boosted risk assets, sending the S&P 500 to new highs and
Market participants remain split on how the CPI will affect financial conditions. If the reading exceeds 3.1%, the Fed may be compelled to keep rates high, which could dampen risk appetite and weigh on digital assets. On the other hand, an inflation rate below 3% could spark a broader rally, with Bitcoin possibly testing $115,000. The result will also shape the direction of Ethereum and other altcoins, which tend to be more volatile than Bitcoin. Prediction markets on platforms like Myriad estimate a 60% probability that the shutdown will last 35 days, surpassing previous records, as highlighted by
As the U.S. waits for the October 24 CPI figures, both economic and political tensions remain elevated. The absence of timely data has left policymakers with limited information, while markets prepare for increased volatility. With the Federal Reserve's dual goals of controlling inflation and supporting employment increasingly in conflict, the next CPI report could set the course for future monetary policy—and, consequently, the outlook for risk assets such as cryptocurrencies. Investors are encouraged to keep a close watch on the October 24 CPI release and the evolving political situation, as the end of the shutdown remains unresolved.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Today: Bitcoin's Rally Challenges Gold's Reputation as a Safe Haven, Value Falls Under $4,000
- Gold fell below $4,000/oz as geopolitical tensions eased and U.S.-China trade talks progressed, weakening its safe-haven appeal. - Silver dropped near $46/oz amid profit-taking and Fed rate-cut expectations, despite strong annual gains and structural supply deficits. - Bitcoin's surge above $115,000 highlighted cryptocurrencies as a "new gold," shifting investor preferences in inflationary uncertainty. - Analysts noted short-term volatility but emphasized intact long-term fundamentals for gold, with mark

Bitcoin News Update: Bitcoin's Function as a Safe Haven Returns Amid U.S. Debt Reaching $38 Trillion
- Binance seeks U.S. reentry after Trump pardons founder CZ, reigniting debates over regulatory fairness and political influence. - Bitcoin faces $109,100 resistance amid $38 trillion U.S. debt concerns, with short-term holders at risk of capitulation below key support levels. - Critics warn of SEC/CFTC hurdles for Binance's return, while proponents highlight Bitcoin's fixed supply as a hedge against dollar devaluation. - Rising institutional crypto adoption and ETF filings signal growing mainstream accept

Bitcoin Updates: Shifting Business Environment Shaped by Advancements and Regulatory Forces
- Prenetics secures $48M equity offering (expandable to $216M) to fund global expansion and Bitcoin treasury strategy, reflecting digital asset integration in health tech. - Kaiser Aluminum surges 25% after exceeding earnings forecasts, benefiting from U.S. tariffs and Midwest price premiums, contrasting Candy Warehouse's bankruptcy due to e-commerce market saturation. - Federal Reserve streamlines bank stress tests by 10,000 pages per institution, balancing transparency demands with concerns over weakened

Crypto’s AI Transformation: Navigating the Opportunities and Hurdles of Implementation
- AI and token metrics are transforming crypto investing, with BigBear.ai Holdings (NYSE: BBAI) surging 314% on defense AI contracts and airport biometric projects. - IBM's Digital Asset Haven platform and SEC-CFTC regulatory alignment under Michael Selig highlight institutional adoption and oversight progress in crypto infrastructure. - Market volatility persists as BigBear.ai's 13× forward sales multiple and C3.ai's projected losses reflect challenges in scaling AI-driven crypto innovations sustainably.
