On October 1, 2025, the Congressional Budget Office reported that up to 750,000 federal employees may face daily furloughs due to a potential U.S. government shutdown.
The shutdown could suspend government payroll, impacting local economies and affecting market sentiment, potentially influencing crypto markets despite no direct statements on digital assets.
U.S. Shutdown: 750,000 Daily Furloughs and Economic Impact
750,000 federal workers might be furloughed each day during a U.S. government shutdown, according to the CBO. This projection reflects the ripple effect of halted operations across multiple federal sectors.
The impact of this event is considerable, with significant economic ramifications expected to extend from individual households to broader local economies.
The Congressional Budget Office announced that up to 750,000 federal employees risk furloughing daily from October 1, 2025. This comes amid non-appropriation of funds leading to a governmental halt. The CBO's analysis relies on federal documentation and guidance. “During a government shutdown starting October 1, 2025, as many as 750,000 federal employees could be furloughed daily.” – Phillip L. Swagel, Director, Congressional Budget Office (CBO). Employee furloughs will likely disrupt payroll and cause liquidity issues. While retroactive pay is assured, immediate household cash flows will be affected during the shutdown. Central to the discussion is the ripple effect on local economies, projected to experience a constricted consumer spending ability due to reduced liquidity.
Historical Shutdown Data and Crypto Market Insights
Did you know? A similar government shutdown in December 2018 impacted over 800,000 employees. Economic constraints during these periods often lean on historical precedents, affecting market sentiments significantly.
Ethereum (ETH) trades at $4,101.97, experiencing a 1.17% decline over the last 24 hours, as per CoinMarketCap. Its market cap stands at $495.12 billion, representing a 12.84% share of the market. ETH's 24‑hour trading volume decreased by 5.62%. Over the past 90 days, Ethereum's price has risen by 60.33%.
Insights from the Coincu research team highlight the potential for extended economic strain should shutdown durations mirror past events, with ripple effects on fiscal policy and technological investment constraints. Particular focus remains on how federal inertia could delay broader regulatory advancements in cryptocurrency markets, impacting long‑term strategic decisions.