Will the Government Shutdown Ignite or Crash Shiba Inu’s Momentum?

The U.S. government shutdown fuels uncertainty, impacting Shiba Inu’s short-term price movement.

Missing jobs and inflation data leave traders speculating, boosting volatility across crypto markets.

Extended shutdown could raise unemployment fears, pressuring SHIB toward lower support levels.

The crypto market loves chaos, and right now, Washington is delivering plenty of it. The U.S. government shutdown has frozen critical economic data, leaving investors blindfolded in a fog of speculation. Without key reports from the Bureau of Labor Statistics, traders have no clear read on jobs or inflation. That silence has fueled uncertainty across every market corner. For Shiba Inu's SHIB, this standoff could become the spark for a breakout—or the weight that drags prices down.

Why the Government Shutdown Matters for Shiba Inu

The U.S Government shutdown began on October 1, closing major federal offices and delaying vital economic updates. The missing jobs and inflation data usually guide the Federal Reserve’s decisions on interest rates. Without those signals, financial markets lose direction. In this kind of information vacuum, traders turn to instinct and speculation, which often swings meme coins like Shiba Inu wildly in either direction.

Polymarket data shows traders now expect the shutdown to last beyond October 15, with odds around 70%. Hopes for a quick deal before October 10 have nearly vanished. This growing stalemate paints a picture of political gridlock that could weigh on sentiment across equities and crypto alike. The longer the government remains shut, the more pressure builds under markets already jittery from missing data.

Can Shiba Inu Rally in the Fog?

At press time, the daily TradingView chart showed SHIB was trading near 0.00001261. After dipping to 0.00001139 in late September, buyers have nudged prices higher. The midline around 0.00001244 acts as the first checkpoint, while resistance at 0.00001279 continues to block progress. Trading volume remains soft, showing quiet accumulation rather than bold conviction.

The Federal Reserve now faces tough choices without reliable data. If investors believe economic conditions are weakening, they may bet on earlier rate cuts. Lower rates tend to boost demand for speculative assets, including meme coins. That scenario could light a fuse under SHIB. A clean break above 0.00001280 might spark a rally toward 0.00001350, with possible extension to 0.00001400 if buying accelerates.

But this coin has a habit of turning volatile in uncertain times. If the shutdown lasts past 30 days, risk appetite could collapse. A drop below 0.00001200 may trigger a slide toward 0.00001100, with deeper supports at 0.00000950 and 0.00000800. Each level would test trader confidence as recession fears creep into every asset class.

For now, Shiba Inu stands at the edge of a storm. The absence of data leaves the market guessing, while Washington’s gridlock fuels anxiety and hope in equal measure. Whether SHIB ignites or crashes depends less on charts and more on how long the silence lasts.