According to the source, a federal shutdown halts or delays key U.S. data releases, reducing the macro information flow traders use to price Bitcoin (BTC), as documented when the September 2013 Employment Situation was postponed until October 22 due to the shutdown, source: U.S. Bureau of Labor Statistics 2013 shutdown notice. When shutdowns end, agencies reschedule backlogged releases such as retail sales and GDP in tight clusters, compressing event risk into a short window, source: U.S. Census Bureau and U.S. Bureau of Economic Analysis October 2013 rescheduling communications. BTC has shown heightened sensitivity to U.S. macro and monetary news, with stronger co-movement with equities since 2020, implying that clustered releases can amplify volatility and correlation risk, source: Bank for International Settlements research on crypto responses to U.S. monetary news and IMF analysis on rising crypto–equity correlations. Crypto markets have exhibited higher realized and implied volatility around major macro prints, so traders often adjust position sizing and options exposure into rescheduled releases to manage uncertainty premia, source: Kaiko Research on BTC volatility around CPI releases and BIS findings on risk-asset behavior.