QCP Asia: The market is waiting for Friday's CPI data, and the U.S. government shutdown is stabilizing macro sentiment.

Odaily News QCP Asia stated in its market report on October 22 that due to the U.S. government shutdown, the release of most official data has been frozen, and this week the market's focus is entirely on Friday's CPI data, which is the only economic indicator the Fed can reference before restarting its policy stance. The report points out that if the CPI rises by only 0.2% month-on-month, it will help to reinforce expectations of a “soft landing” and support Bitcoin's upward tendency. At the same time, gold prices recorded their largest single-day fall since 2020 due to a stronger dollar, while Bitcoin briefly touched $114,000 before retreating.