The White House confirmed Wednesday that key U.S. economic indicators \u2014 including October\u2019s consumer price index (CPI) and jobs report \u2014 are unlikely to ever be released, sparking volatility across crypto and traditional markets alike.<\/p>\n
\u201cThe Democrats may have permanently damaged the federal statistical system with October CPI and jobs reports likely never being released,\u201d said White House Press Secretary Karoline Leavitt during<\/a> a briefing on Nov. 13.<\/p>\n Leavitt added that the absence of official data is \u201cleaving our policymakers at the Fed flying blind at a critical period,\u201d underscoring the depth of the disruption caused by the government shutdown, now in its sixth week.<\/p>\n Related: Wall Street calls Senate’s new bill the most ‘consequential’ regulation since 1930<\/a><\/strong><\/p>\n The news sent shockwaves through risk assets. Bitcoin (BTC) fell 1.5% to $101,748, while XRP dropped 3.2% to $2.35, according to CoinGecko data. Ethereum (ETH) slipped 0.8% to $3,441, and total crypto market capitalization fell below $3.5 trillion.<\/p>\n Analysts say investors are bracing for prolonged uncertainty, with no inflation or employment data to guide monetary policy expectations. \u201c<\/p>\n Without the October data, traders fear the Federal Reserve could misjudge the economy\u2019s health,\u00a0 a scenario already rattling crypto\u2019s most data-sensitive investors.<\/p>\n According<\/a> to data from CoinGlass, over $611 million in crypto positions were liquidated in the past 24 hours, as market volatility triggered widespread losses across exchanges.<\/p>\n A total of 158,817 traders were wiped out, with long positions accounting for the majority \u2014 roughly $500.8 million versus $110 million in shorts. The largest single liquidation occurred on Hyperliquid, where a $21.29 million POPCAT-USD position was closed.<\/p>\n Overall, open interest dropped to $140.27 billion (down 2.75%), while 24-hour trading volume slipped nearly 1% to $293.3 billion, signaling waning market momentum.<\/p>\n Among exchanges, Hyperliquid led total liquidations with $137.4 million (99.5% long positions), followed by Bybit at $80.8 million and Binance at $76.9 million.<\/p>\n Related: Over 99% of XRP holders are in profit<\/a><\/strong><\/p>\n This story was originally reported by TheStreet<\/a> on Nov 12, 2025, where it first appeared in the MARKETS<\/a> section. Add TheStreet as a Preferred Source by clicking here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The White House confirmed Wednesday that key U.S. economic indicators \u2014 including October\u2019s consumer price index (CPI) and…\n","protected":false},"author":2,"featured_media":177357,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[79,5813,179,18,40106,19,17,55859,100624,100623,10921,13275],"class_list":{"0":"post-177356","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-consumer-price-index","10":"tag-economy","11":"tag-eire","12":"tag-employment-data","13":"tag-ie","14":"tag-ireland","15":"tag-karoline-leavitt","16":"tag-october-cpi","17":"tag-traditional-markets","18":"tag-volatility","19":"tag-white-house"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115539054793828826","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/177356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=177356"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/177356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/177357"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=177356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=177356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=177356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}