Bitcoin Traders Brace for Potential U.S. Government Shutdown as Market Uncertainty Grows
Bitcoin traders are increasingly cautious ahead of a possible U.S. government shutdown expected to begin on January 31, with prediction markets suggesting up to an 80% probability. According to NS3.AI, a shutdown could delay the release of key economic data, intensifying market uncertainty and triggering potential ETF outflows that may pressure Bitcoin prices. Analysts warn that the impact could range from a modest 3% pullback to a sharp decline of up to 30%, potentially pushing Bitcoin toward the $60,000 level.
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