On This Day in History: U.S. Government Shutdown Triggers Market Volatility
According to Caixin, since 1981, there have been 14 federal government shutdowns in the United States, most of which lasted one to two days. On October 1, 2019, the U.S. government partially shut down again due to Trump's tariff policies and disputes with the Federal Reserve, potentially having a greater impact this time. On the same day, spot and futures gold prices hit record highs, while Bitcoin ($BTC) and Ethereum ($ETH) also surged significantly, reflecting strong market risk-aversion sentiment.