The post U.S. Government Shutdown Delays October Non-Farm Payroll Report appeared on BitcoinEthereumNews.com. Key Points: Government shutdown causes BLS report delay, affecting markets. Second consecutive NFP report disruption this year. Market volatility expected due to missing key economic indicators. The U.S. Bureau of Labor Statistics failed to release the October non-farm payroll report due to a government shutdown, marking the second consecutive disruption in labor data updates. This absence impacts financial and crypto markets, increasing uncertainty for Bitcoin and Ethereum, typically sensitive to U.S. macroeconomic data conditions. Government Shutdown Stalls Economic Indicator Release Due to the U.S. government shutdown, the Bureau of Labor Statistics (BLS) was unable to release the October non-farm payroll report as planned. Government suspension of services affected the BLS operations for the second month in a row, hindering updates from October 24 onward. Market observers and investors noted the impact of missing labor data, which is typically a key indicator for financial and crypto markets. The absence of the report leaves markets without a reference point for economic health, potentially altering financial decisions. “The inability to update with the missing labor data disrupts our understanding of current economic conditions” — Joint Economic Committee (JEC) While there have been no official statements from major financial institutions, unofficial discussions among financial analysts hint at market unrest and potential increases in volatility, affecting both the stock and cryptocurrency sectors. Shutdown’s Ripple Effects on Crypto and Stock Markets Did you know? Through similar shutdowns from 2018 to 2019, missing macroeconomic reports like the NFP often led to brief surges in market volatility, particularly within cryptocurrency spheres, reflecting an immediate need for market data. Bitcoin (BTC) is currently valued at $102,697.78, holding a market cap of $2.05 trillion and dominating 58.96% of the market according to CoinMarketCap. Trading volume in the past 24 hours was about $87.04 billion, marking a 30.68% increase. While BTC… The post U.S. Government Shutdown Delays October Non-Farm Payroll Report appeared on BitcoinEthereumNews.com. Key Points: Government shutdown causes BLS report delay, affecting markets. Second consecutive NFP report disruption this year. Market volatility expected due to missing key economic indicators. The U.S. Bureau of Labor Statistics failed to release the October non-farm payroll report due to a government shutdown, marking the second consecutive disruption in labor data updates. This absence impacts financial and crypto markets, increasing uncertainty for Bitcoin and Ethereum, typically sensitive to U.S. macroeconomic data conditions. Government Shutdown Stalls Economic Indicator Release Due to the U.S. government shutdown, the Bureau of Labor Statistics (BLS) was unable to release the October non-farm payroll report as planned. Government suspension of services affected the BLS operations for the second month in a row, hindering updates from October 24 onward. Market observers and investors noted the impact of missing labor data, which is typically a key indicator for financial and crypto markets. The absence of the report leaves markets without a reference point for economic health, potentially altering financial decisions. “The inability to update with the missing labor data disrupts our understanding of current economic conditions” — Joint Economic Committee (JEC) While there have been no official statements from major financial institutions, unofficial discussions among financial analysts hint at market unrest and potential increases in volatility, affecting both the stock and cryptocurrency sectors. Shutdown’s Ripple Effects on Crypto and Stock Markets Did you know? Through similar shutdowns from 2018 to 2019, missing macroeconomic reports like the NFP often led to brief surges in market volatility, particularly within cryptocurrency spheres, reflecting an immediate need for market data. Bitcoin (BTC) is currently valued at $102,697.78, holding a market cap of $2.05 trillion and dominating 58.96% of the market according to CoinMarketCap. Trading volume in the past 24 hours was about $87.04 billion, marking a 30.68% increase. While BTC…