According to CryptoSlate, Bitcoin traders are bracing for a potential US government shutdown, which could begin January 31 if Congress doesn't extend funding. Prediction markets show high odds of a shutdown, with contracts on platforms like Polymarket seeing significant betting activity. The risk for Bitcoin lies in the potential disruption of core economic data releases, which could impact market clarity and accelerate ETF outflows. A shutdown could delay the release of key reports like jobs and CPI data, affecting the pricing of monetary policy. While not a debt-ceiling default, the informational shock of a shutdown could lead to market volatility. The market's memory of the 2025 shutdown, which lasted 43 days, adds to the concern.

According to CryptoSlate, Bitcoin traders are bracing for a potential US government shutdown, which could begin January 31 if Congress doesn't extend funding. Prediction markets show high odds of a shutdown, with contracts on platforms like Polymarket seeing significant betting activity. The risk for Bitcoin lies in the potential disruption of core economic data releases, which could impact market clarity and accelerate ETF outflows. A shutdown could delay the release of key reports like jobs and CPI data, affecting the pricing of monetary policy. While not a debt-ceiling default, the informational shock of a shutdown could lead to market volatility. The market's memory of the 2025 shutdown, which lasted 43 days, adds to the concern.