Hope Rises as Washington Nears a Deal

Key Highlights:

• White House signals a possible end to the three-week shutdown, with negotiations gaining traction.

• Bitcoin rebounds to $110,000 as traders brace for a potential double boost from a shutdown deal and Fed dovishness.

Yello Paradisers! After weeks of political gridlock, the White House is signaling that the U.S. government shutdown could end “sometime this week.”

Speaking on CNBC’s Squawk Box, White House economic advisor Kevin Hassett said negotiations between President Donald Trump and Congressional Democrats were “moving in the right direction,” though he cautioned that if progress stalls, “stronger measures” may be introduced to pressure lawmakers into a deal.

The standoff, now in its third week, has paralyzed key government operations and halted the release of crucial data, from jobs numbers to inflation reports. Traders and analysts alike have been flying blind, with no updated metrics to guide expectations for growth, inflation, or the Federal Reserve’s next move.

Economists warn that such blind spots risk mispricing assets, and the longer it drags on, the higher the volatility once the flood of delayed data hits the market.

Markets on Edge — But Rebound Bets Are Building

For global markets, this week could be the turning point.

The shutdown has acted as a chokehold on risk sentiment, pushing investors into defensive positions while draining liquidity from the crypto sector. Bitcoin briefly plunged below $101,000 earlier this month amid panic liquidations but has since rebounded above $110,000 as optimism builds over a Washington resolution.

Equities have mirrored the same nervous rhythm, teetering lower through mid-October before showing early signs of stabilization as shutdown talks heat up.

The timing is critical. The Labor Department’s jobs report, CPI data, and the Federal Reserve’s policy decision are all due within the next 10 days. A swift resolution could unleash a powerful relief rally, especially if paired with a dovish signal from the Fed.

Crypto Braces for a Double Catalyst

The crypto market has spent most of October nursing deep losses. Total capitalization briefly slipped below $3.6 trillion, and institutional inflows have slowed to their weakest pace in months. But sentiment is shifting fast.

Traders see a shutdown resolution as the first domino that could reignite liquidity flows, and potentially mark the return of institutional capital.

Meanwhile, all eyes are on President Trump’s scheduled meeting with China’s President Xi Jinping at the APEC summit on October 31, where discussions on tariffs could further improve market tone.

If both events converge, an end to the shutdown and signs of U.S.–China cooperation, Bitcoin and equities could surge in tandem, driven by a global risk-on wave.

Simon will break down this developing setup in tonight’s MCP YouTube stream, dissecting why Bitcoin’s rebound could accelerate if $112K flips to support and how macro liquidity shifts tie into October’s volatility cycle.

Inside ParadiseFamilyVIP, traders are already positioning ahead of what could be a high-volatility breakout window. And for just $3/month, MCP News Private members will get the real-time liquidity maps and Fed-policy reaction analysis, insights that could mean the difference between catching the rebound early or chasing it too late.

When Washington blinks, smart traders don’t watch, they position.