The U.S. budget deficit for October surged to $284 billion, surpassing expectations as fiscal pressures mount. This development comes amid heightened activity in the cryptocurrency market, highlighted by Metaplanet's announcement of a $130 million Bitcoin purchase plan, which has spurred risk-on sentiment among investors. Despite Bitcoin trading 30% below its all-time high, the crypto market continues to influence broader financial trends. In other economic indicators, retail sales have shown signs of cooling, and wholesale inflation remains subdued, reinforcing market expectations for a potential Federal Reserve rate cut. Additionally, housing loan limits are set to rise to $832,000 in 2026, potentially broadening mortgage access in high-cost regions.