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BiyaPay Analyst: US Stocks Expected to Rise After 15th Shutdown, S&P 7000 in Sight, Crypto ETFs Rebound Simultaneously
Summary: According to BiyaPay analysts, historical data shows that after the 15th government shutdown, the S&P 500 typically rises by 2.3%, with a potential surge towards 7000 points. The Senate has passed a temporary funding bill, leading the market to anticipate a government restart this week, potentially resulting in rapid liquidity inflow. This is expected to ...
According to BiyaPay analysts, historical data shows that after the 15th government shutdown, the S&P 500 typically rises by 2.3%, with a potential surge towards 7000 points. The Senate has passed a temporary funding bill, leading the market to anticipate a government restart this week, potentially resulting in rapid liquidity inflow. This is expected to release billions of dollars, driving up risk assets and causing a simultaneous rebound in US stocks and crypto asset ETFs. Bitcoin and Ethereum are leading the recovery, with the possibility of the Federal Reserve initiating a new round of monetary easing, providing a double boost for digital assets. BiyaPay highlights that liquidity restoration could be a key catalyst for the year-end market. It is worth noting that BiyaPay already supports USDT trading for US stocks, Hong Kong stocks, and futures, and offers zero-fee cryptocurrency spot contract trading, assisting investors in seizing new market opportunities.
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Link: BiyaPay Analyst: US Stocks Expected to Rise After 15th Shutdown, S&P 7000 in Sight, Crypto ETFs Rebound Simultaneously [Copy]
