List of Flash News about Treasury Secretary warning
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2025-11-09 14:50 |
US Government Shutdown Impact Worsening, Treasury Secretary Warning Flags Crypto Risk (BTC, ETH) — 2025 Trading Update
According to @cryptorover, U.S. Treasury Secretary Bessent warned that the economic impact of the government shutdown is worsening, source: @cryptorover on X, Nov 9, 2025. Independent confirmation is not provided in the post, so traders should verify via official U.S. Treasury communications before adjusting positions, source: @cryptorover post and U.S. Department of the Treasury public updates at treasury.gov. Past shutdowns caused measurable output losses, with the 2018–2019 episode reducing real GDP by about 11 billion dollars and leaving 3 billion dollars permanently lost, increasing downside growth risk and market volatility, source: Congressional Budget Office, Jan 2019, The Effects of the Partial Shutdown Ending in January 2019. Shutdowns have also delayed key economic data from agencies such as BEA and Census, complicating rates and USD positioning and often tightening financial conditions, source: U.S. Department of Commerce and BEA shutdown contingency communications from prior episodes. During risk-off periods in 2022–2023, BTC showed a positive rolling correlation with U.S. equities, increasing sensitivity to macro shocks, implying a confirmed deterioration could weigh on BTC and ETH while supporting DXY and front-end yields, source: Kaiko Research 2023 correlations analysis and FRED historical data for DXY and U.S. Treasury yields. Tactical focus for traders is to monitor DXY trend, U.S. 2Y and 10Y yield shifts, BTC perpetual funding and open interest, and the ETH BTC ratio for confirmation before changing spot or futures exposure, source: FRED for DXY and yields, Glassnode and CME Group for crypto derivatives and ETH BTC ratio data. |