PANews reported on November 12 that QCP Asia stated in its latest market briefing that the US Senate has passed a short-term funding bill to reopen the government until January 30 next year. Polymarket predicts that there is a 96% probability that the US government shutdown will end before mid-November. Bitcoin remained around $103,000 during the Asian session, despite significant volatility in the US market. The QCP noted that ADP and NFIB data showed a softening US labor market, suggesting the Federal Reserve may continue its "cautious easing" approach. Despite lingering tariff tensions and credit volatility, potential interest rate cuts and robust corporate earnings may support BTC and other risk assets into 2026.PANews reported on November 12 that QCP Asia stated in its latest market briefing that the US Senate has passed a short-term funding bill to reopen the government until January 30 next year. Polymarket predicts that there is a 96% probability that the US government shutdown will end before mid-November. Bitcoin remained around $103,000 during the Asian session, despite significant volatility in the US market. The QCP noted that ADP and NFIB data showed a softening US labor market, suggesting the Federal Reserve may continue its "cautious easing" approach. Despite lingering tariff tensions and credit volatility, potential interest rate cuts and robust corporate earnings may support BTC and other risk assets into 2026.
QCP Asia: The US government shutdown may end this week, and the government will reopen until January 30th next year.
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PANews reported on November 12 that QCP Asia stated in its latest market briefing that the US Senate has passed a short-term funding bill to reopen the government until January 30 next year. Polymarket predicts that there is a 96% probability that the US government shutdown will end before mid-November.
Bitcoin remained around $103,000 during the Asian session, despite significant volatility in the US market. The QCP noted that ADP and NFIB data showed a softening US labor market, suggesting the Federal Reserve may continue its "cautious easing" approach. Despite lingering tariff tensions and credit volatility, potential interest rate cuts and robust corporate earnings may support BTC and other risk assets into 2026.
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$68,565.36$68,565.36
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