QCP Asia: The US government shutdown may end this week; BTC remains stable amid macroeconomic volatility.

According to a recent market report by QCP Asia, the U.S. Senate has passed a temporary funding bill extending the government shutdown until January 30th of next year. Polymarket forecasts indicate that there is a 96% probability that the shutdown will end before mid-November.

The report states that despite fluctuations in the US trading session, BTC remained stable around $103,000 during the Asian session. Both ADP and NFIB data indicate signs of a slowdown in the labor market, suggesting the Federal Reserve may maintain a cautiously accommodative stance ahead of its December policy meeting.

QCP Asia points out that current tariff tensions and credit volatility continue to cause market fluctuations, but potential interest rate cuts and robust corporate earnings may continue to support the performance of BTC and risk assets until 2026.