Recently, the financial markets are facing dual challenges from the United States. On one hand, Fed officials are making a series of speeches, attracting market attention; on the other hand, the U.S. government is facing a potential shutdown crisis, bringing uncertainty to the markets.

The government shutdown crisis is imminent. Congress needs to reach an agreement on the budget before October 1, or it will lead to a government shutdown. The root of this crisis lies in the significant disagreements between the two parties over the spending plan. If a government shutdown becomes a reality, it will have multiple impacts on the market:

1. The release of key economic data may be delayed. Important indicators such as the non-farm payroll report and the consumer price index may not be published on time, which will leave the Fed lacking critical references when formulating monetary policy.

2. Market volatility may intensify. Due to insufficient basis for decision-making, financial markets may experience severe fluctuations.

3. Gold may benefit. Historical data shows that during government shutdowns, gold often exhibits strong safe-haven characteristics. The longer the shutdown lasts, the greater the potential increase in gold prices.

4. Economic growth may be hindered. A government shutdown could negatively affect the GDP growth rate of the United States, which in turn could impact global markets.

At the same time, the cryptocurrency market is closely watching these developments. The price trends of major digital assets such as Bitcoin and Ethereum may be influenced by these macro factors.

In the face of these challenges, investors need to remain vigilant, closely follow the developments, and adjust their investment strategies in a timely manner to cope with potential market fluctuations.