According to @ReutersBiz, Brian Mulberry of Zacks Investment Management said the US government shutdown has injected a wild card into investors’ expectations for an October Federal Reserve rate cut, signaling higher near-term policy uncertainty for markets; source: Reuters Business. Shutdowns have historically delayed key economic releases such as the Employment Situation and GDP, reducing the data available for the Fed’s data-dependent decisions and complicating rate-cut timing; sources: U.S. Bureau of Labor Statistics (2013 shutdown delay notice), U.S. Bureau of Economic Analysis (2013 shutdown delay statements), Federal Reserve FOMC statements noting a data-dependent policy stance. For traders, greater policy and data uncertainty tends to lift rates volatility and risk premia, which can spill over to crypto where BTC and ETH have shown rising correlation with equity risk sentiment during tightening cycles; source: International Monetary Fund analysis on crypto-equity co-movement. Key watchpoints include market-implied rate expectations and U.S. Treasury yields for signals on USD liquidity and broader risk appetite, which can influence BTC and ETH price volatility; sources: CME FedWatch Tool (policy odds), U.S. Department of the Treasury (yield curve).