U.S. Government Reopens as Bitcoin Remains Stable Amid Economic Indicators

According to PANews, QCP Asia's latest market briefing reveals that the U.S. Senate has passed a short-term funding bill, reopening the government until January 30 next year. Polymarket predicts a 96% probability that the U.S. government shutdown will end by mid-November. Bitcoin remains stable around $103,000 during the Asian trading session, despite noticeable fluctuations in the U.S. market. QCP highlights that data from ADP and NFIB indicate a softening U.S. labor market, suggesting that the Federal Reserve may continue a 'cautious easing' approach. Although tariff tensions and credit fluctuations persist, potential interest rate cuts and strong corporate earnings could support Bitcoin and risk assets through 2026.