Uncertainty Looms as U.S. Government Data Blackout Continues

2 mins mins

Key Points:

An ongoing U.S. government shutdown leads to a data blackout, impacting markets.
Financial institutions rely on private data; market volatility ensues.
Digital assets face increased uncertainty and heightened volatility.

Kevin Hassett, associated with the White House, reportedly stated that a U.S. employment report will release without an unemployment rate on November 13, as quoted by BlockBeats News.

This highlights ongoing macroeconomic uncertainty amid the U.S. government shutdown, affecting market dynamics as institutions rely on private data over official figures.

Government Shutdown Halts Crucial U.S. Economic Data

Kevin Hassett did not provide an official statement regarding the employment report for November 13 amidst the U.S. data blackout affecting the disclosure of unemployment rates.

Financial institutions such as Goldman Sachs and UBS are using private employment data to guide market decisions in the interim. According to a statement by UBS, Financial institutions are turning to private employment metrics during the ongoing government data blackout. This dependency on alternative data highlights the significance of public releases. Market volatility has risen, impacting U.S. Dollar stability and investor confidence in reliable metrics.

Market reactions have shown increased volatility due to data uncertainty, notably affecting cryptocurrencies like BTC and ETH. Analysts have observed, “Increased macro uncertainty and missing key economic indicators have led to higher volatility in the crypto markets”, emphasizing the disruptions caused. Some industry voices underscore the necessity of private data during government absences.

Cryptocurrencies Sway as BTC Price Dips 2.54%

Did you know? Past U.S. government shutdowns caused similar disturbances in macroeconomic data, increasing market reliance on private estimates and boosting volatility across traditional and digital markets.

Bitcoin (BTC), with a current price of $101,998.72, a market cap of around 2.03 trillion, and 58.97% market dominance, faces speculative pressures amidst ongoing economic uncertainties. Trading volumes soared by over 32%, as reported by CoinMarketCap.

bitcoin-daily-chart-4331 — Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 14:37 UTC on November 13, 2025. *Source: CoinMarketCap*

Experts from Coincu suggest the ongoing government shutdown may spur discussions around new regulatory frameworks to ensure continuity of vital data, potentially encouraging innovation in decentralized information networks. The cryptocurrency sector may see increased attention as alternative financial systems gain interest amid traditional data voids.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.