U.S. Government Shutdown Predictions Shift Following Hassett's Remarks

https://img-cdn.gateio.im/webp-social/Bitcoin-daily-chart-on-1356-UTC-on-October-20-2025file.webp

Key Points:* Forecasters adjust outlook on U.S. government shutdown, influenced by a White House statement.

  • 36% believe the shutdown will end by October 26.
  • Kevin Hassett’s comments shift economic sentiment, impacting market predictions. Forecasters on Polymarket have shifted optimism towards the U.S. government shutdown ending between October 23-26, influenced by White House Economic Council Director Kevin Hassett’s recent remarks.

Hassett’s statement has alleviated fears, impacting economic sentiment and potentially stabilizing cryptocurrency market volatility influenced by ongoing federal funding uncertainty.

Hassett’s Remarks Boost Shutdown Resolution Optimism

Major developments emerged as Kevin Hassett, Director of the White House National Economic Council, projected the U.S. government shutdown might end soon. Hassett’s remarks caused a shift in forecaster sentiment on Polymarket, where optimism about a quick resolution increased. 36% now predict the shutdown will end by October 26; previously, expectations of prolonged closure were higher.

Influences on sentiment emerged as Hassett suggested resolution prospects, reflecting potential easing of market unease. The shutdown had previously intensified uncertainty, affecting government operations and market dynamics. A quicker resolution, as foreseen by current forecasts, would likely stabilize financial conditions and investor confidence.

“The market sentiment is shifting positively with the expectation of a resolution in sight,” said Kevin Hassett, Director of the White House National Economic Council.

Cryptocurrency Market Stability Amid Shutdown Concerns

Did you know? Past government shutdowns, such as the 35-day cessation in 2018-2019, demonstrated minimal direct impacts on major cryptocurrencies, though they did introduce market volatility, affecting investor confidence and causing occasional turbulence in financial forecasts.

Bitcoin (BTC) is currently priced at $111,101.04 with a market cap of $2.21 trillion, as of October 20, 2025, according to CoinMarketCap.

Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 13:56 UTC on October 20, 2025. Source: CoinMarketCap The Coincu research team assesses that the potential resolution of the U.S. government shutdown may stabilize broader market conditions, fostering investor confidence. Historical patterns suggest temporary volatility, yet resolution optimism often restores market steadiness.

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.
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