1. Bitcoin and other cryptocurrencies are down despite potential end to government shutdown. 2. Senate's progress may shift market focus from safe assets to risk-on investments. 3. Resolution of shutdown could increase liquidity but also market volatility. 4. Economic data release postponement raises uncertainty for Federal Reserve's next steps.
The article discusses potential shifts in asset allocation but lacks strong positive data for SPY. Historical examples show that while risk-on sentiment can boost equities, current data shows mixed performance in crypto markets, indicating uncertainty in SPY’s movement.
The article may influence SPY indirectly through shifts in investor sentiment towards risk asset allocation. Current economic policies and crypto markets' performance can affect SPY's near-term volatility, reflecting broader market trends.
The article discusses immediate impacts from the government shutdown resolution. Historical patterns show that market react quickly to significant policy changes, likely affecting investor sentiment shortly after government stability.