{"id":50957,"date":"2025-10-03T14:01:57","date_gmt":"2025-10-03T14:01:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50957"},"modified":"2025-10-03T14:01:57","modified_gmt":"2025-10-03T14:01:57","slug":"bitcoin-defies-shutdown-as-key-u-s-economic-data-drops-will-nfp-dent-btc-usd-price","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50957","title":{"rendered":"Bitcoin Defies Shutdown as Key U.S. Economic Data Drops: Will NFP Dent BTC USD Price?"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Crypto seems to thrive on chaos, defying everyone\u2019s expectations. Just when many thought the bull run was over, BTC USD staged a stunning comeback. Trading above $120,000 at press time, the Bitcoin price has reclaimed its July 2025 highs and hit a two-month peak. Bulls are firmly in control and appear determined to push BTC USDT even higher today.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">On Coingecko, the surge isn\u2019t limited to Bitcoin. Some of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">best cryptos to buy<\/span><\/a><span data-preserver-spaces=\"true\"> are trending higher, lifting the total market cap above $4.1T. Presently, Bitcoin commands over +56% of the total market share. Meanwhile, Ethereum, in second place, has slipped, controlling just +12% of the total market cap.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-291138 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T125602.943.png\" alt=\"The Bitcoin price is trending higher amid the U.S. government shutdown. With NFP data delayed, will BTC USD shoot above $125,000?\" width=\"1281\" height=\"759\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T125602.943.png 1281w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T125602.943-300x178.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T125602.943-1024x607.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T125602.943-768x455.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T125602.943-50x30.png 50w\" sizes=\"auto, (max-width: 1281px) 100vw, 1281px\"><\/p>\n<p><span data-preserver-spaces=\"true\">(Source: <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.coingecko.com\/en\/charts\/bitcoin-dominance\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Coingecko<\/span><\/a><span data-preserver-spaces=\"true\">)<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Data from Coinglass shows traders scrambling to position for a potential moonshot this Uptober. In the last 24 hours, more than $249M in shorts were liquidated, wrecking over 147,000 traders and driving total liquidations past $395M. The biggest casualty was a $6.5M BTC USD short position closed on Hyperliquid.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-291137 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T125635.133.png\" alt=\"The Bitcoin price is trending higher amid the U.S. government shutdown. With NFP data delayed, will BTC USD shoot above $125,000?\" width=\"1300\" height=\"855\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T125635.133.png 1300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T125635.133-300x197.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T125635.133-1024x673.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T125635.133-768x505.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T125635.133-50x33.png 50w\" sizes=\"auto, (max-width: 1300px) 100vw, 1300px\"><\/p>\n<p><span data-preserver-spaces=\"true\">(Source: <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.coinglass.com\/LiquidationData\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Coinglass<\/span><\/a><span data-preserver-spaces=\"true\">)<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Is BTC USD Ready for All-Time Highs?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Technically, the uptrend remains intact and poised to continue. Since Wednesday,<\/span> <span data-preserver-spaces=\"true\">Bitcoin bulls have built a solid base during two days of strength, with buyers piling in and momentum building on a net positive note.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><\/p>\n<div class=\"cfg-chart-container\">\n<div class=\"cfg-top-content-holder\">\n<h4 class=\"cfg-chart-title\" style=\"font-family: 'Noto Sans', sans-serif; font-size: 18px; font-weight: 700; \">\n            Crypto Fear and Greed Chart        <\/h4>\n<div class=\"cfg-time-range-selector\">\n            <span data-range=\"all_time\" id=\"cfg-alltime\">All time<\/span><br \/>\n            <span data-range=\"1y\" id=\"cfg-1y\">1y<\/span><br \/>\n            <span data-range=\"1m\" id=\"cfg-1m\">1m<\/span><br \/>\n            <span data-range=\"1w\" id=\"cfg-1w\">1w<\/span><br \/>\n            <span data-range=\"1d\" id=\"cfg-1d\">24h<\/span>\n        <\/div>\n<\/p><\/div>\n<div class=\"cfg-chart-holder\">\n<div id=\"cfg-chart-body\" style=\"width: 830px; height: 450px;\"><\/div>\n<\/p><\/div>\n<\/div>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">On the daily chart, initial support lies around $118,000, near September highs. A deeper level offers backing at October 1 lows of about $114,000. If BTC USD holds above this zone and buyers scoop up any dips, the chances of breaking $125,000, and claiming fresh all-time highs this October, will rise.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_68dfd63b23ad5\" data-coin-id=\"btc\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_68dfd63b23ad5-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_68dfd63b23ad5-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_68dfd63b23ad5-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_68dfd63b23ad5-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_68dfd63b23ad5-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_68dfd63b23ad5-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_68dfd63b23ad5-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_68dfd63b23ad5-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_68dfd63b23ad5-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_68dfd63b23ad5-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_68dfd63b23ad5-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_68dfd63b23ad5-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A push higher would extend gains from last year beyond +100%. Bitcoin is already up more than 195.51M% from its all-time lows and shows no signs of slowing as traders and institutions continue buying in.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Confidence remains high, with top traders\u2019 long\/short ratio on Binance exceeding 1.7. That said, the ratio dipping below 1 among elite accounts on Binance and OKX raises some red flags. Meanwhile, despite Bitcoin\u2019s upward tick, inflows to spot exchanges are drying up.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-291139 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T123140.848.png\" alt=\"The Bitcoin price is trending higher amid the U.S. government shutdown. With NFP data delayed, will BTC USD shoot above $125,000?\" width=\"1435\" height=\"919\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T123140.848.png 1435w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T123140.848-300x192.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T123140.848-1024x656.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T123140.848-768x492.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-03T123140.848-50x32.png 50w\" sizes=\"auto, (max-width: 1435px) 100vw, 1435px\"><\/p>\n<p><span data-preserver-spaces=\"true\">(Source: <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.coinglass.com\/currencies\/BTC\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Coinglass<\/span><\/a><span data-preserver-spaces=\"true\">)<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Selling pressure has intensified over the past 12 hours. During the late New York session on October 2, net Bitcoin flows from major spot exchanges climbed to over $295M, with outflows spiking above $1Bn.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">9+ Best High-Risk, High-Reward Crypto to Buy in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Will the Prolonged U.S. Government Shutdown and NFP Data Lift the Bitcoin Price?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Ultimately, how the Bitcoin price performs today, and whether it closes decisively above all-time highs, hinges less on candlestick patterns and more on fundamental catalysts.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Today, October 3, marks the third day of a partial U.S. government shutdown, injecting uncertainty across Wall Street. Investors have flocked to hard assets like Bitcoin and gold amid the turmoil. <\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"The US government has shut down. Here's what to know\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/x2m0kdIYyaU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">Coincidentally, over the past two days, BTC USD surged past $118,000 (September highs) and closed above $120,000, reclaiming July 2025 territory for digital gold.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As long as Congress stalls on the budget, the impasse will drag on, likely fueling an even stronger BTC USD rally. Economic doubts have grounded non-essential federal services, furloughing hundreds of thousands of workers and delaying key data releases from the Bureau of Labor Statistics.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The upcoming Non-Farm Payrolls (NFP) report adds another layer. While it has <\/span><span data-preserver-spaces=\"true\">been delayed<\/span><span data-preserver-spaces=\"true\"> today, if it comes in hot, exceeding expectations, it could cap recent BTC USD gains by signaling a healthier economy. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> BREAKING: U.S. Jobs Report Halted<\/p>\n<p>\u2022No NFP Today: The U.S. Bureau of Labor Statistics has paused the Non-Farm Payrolls release due to the ongoing government shutdown.<\/p>\n<p>\u2022Recent Fed Action: Just two weeks ago, the Federal Reserve cut rates in response to weak job growth and\u2026 <a href=\"https:\/\/t.co\/SomVo7Wyp0\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/SomVo7Wyp0<\/a><\/p>\n<p>\u2014 Crypto Money Mantra <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f4b0.png\" alt=\"\ud83d\udcb0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@CryptoMoneyMntr) <a href=\"https:\/\/twitter.com\/CryptoMoneyMntr\/status\/1974045456444412219?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Economists forecast 52,000 jobs added in September, a sharp rebound from August\u2019s 22,000 (revised to 18,000). Unemployment should hold steady at +4.3%, with average hourly earnings rising +0.3%, matching August\u2019s pace.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Federal Reserve will scrutinize this data closely. A better-than-expected NFP report with more jobs than expected could temper rate-cut hopes, prompting the central bank to hold steady rather than slash rates in late October. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/274c.png\" alt=\"\u274c\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> No NFP Report Today:<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/2b05.png\" alt=\"\u2b05\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Two weeks after the Fed cut rates due to labor market weakness, the jobs data has been suspended indefinitely because of the government shutdown.<\/p>\n<p>\u2022 Until the shutdown ends, U.S. labor market data will not be published by the Bureau of Labor\u2026<\/p>\n<p>\u2014 Capital.com International (@capitalcom) <a href=\"https:\/\/twitter.com\/capitalcom\/status\/1974033816889995733?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Tighter policy might divert capital from risk assets like crypto, cooling Bitcoin\u2019s Q4 momentum. Conversely, softer-than-expected figures could reinforce cuts, channeling fresh liquidity into Bitcoin and amplifying gains, including in <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">top Solana meme coins<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">9+ Best Memecoin to Buy in 2025<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Bitcoin Price Rallying On U.S. Government Shutdown: BTC USD to $125k?<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">The Bitcoin price firm above $120,000<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">U.S. government shuts down<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">NFT data for September delayed<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Will BTC USD sweep past $125,000?<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/bitcoin-defies-shutdown-as-key-u-s-economic-data-drops-will-nfp-dent-btc-usd-price\/\">Bitcoin Defies Shutdown as Key U.S. Economic Data Drops: Will NFP Dent BTC USD Price?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto seems to thrive on chaos, defying everyone\u2019s expectations. Just when many thought the bull run was over, BTC USD staged a stunning comeback. Trading above $120,000 at press time, the Bitcoin price has reclaimed its July 2025 highs and hit a two-month peak. Bulls are firmly in control and appear determined to push BTC [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50957","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50957"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50957\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}