DC just turned the money hose back on — Here’s what it means for your Bitcoin bag
A Senate-backed stopgap to reopen the U.S. government restarts crucial inflation data releases, impacting Treasury issuance and Bitcoin's macro environment.Summary
The U.S. Senate advanced a continuing resolution to fund the government through January 2026, which will restart furloughed statistical agencies like the Bureau of Labor Statistics and the Bureau of Economic Analysis. This normalization of the macro data pipeline is significant for Bitcoin as it restores predictable Treasury supply auctions and clarifies the path for real interest rates, which influence crypto risk appetite and spot ETF flows. Key data releases, including October CPI, are now back on the calendar, shifting market focus from fiscal headlines back to inflation and labor inputs. Bitcoin's price movement is heavily tied to the 10-year TIPS-implied real yield; a benign CPI print could ease real yields, supporting risk assets and potentially leading to net inflows for U.S. spot Bitcoin ETFs. Conversely, hot inflation could push real yields higher, causing defensive trading. Furthermore, the Treasury's plan to hold coupon sizes steady for several quarters limits near-term term-premium shocks, centering the market's immediate reaction on the CPI data and its interaction with ongoing Treasury issuance mechanics.
(Source：CryptoSlate)