ExchangeDEX+
Buy CryptoMarketsSpotFuturesGOLDEarnEvents
More
Bitcoin falls below $87,000 as US shutdown odds reach 78% in prediction markets.Bitcoin falls below $87,000 as US shutdown odds reach 78% in prediction markets.

Bitcoin Drops Amid 78% Odds of US Shutdown

Author: coinlineupSource: coinlineup
2026/01/27 00:59
2 min read
Bitcoin Drops Amid 78% Odds of US Shutdown
Key Takeaways:
  • Bitcoin’s price fell beneath $87,000 amid shutdown fears.
  • 78% odds in prediction markets.
  • Institutional outflows reached $1.7 billion from ETFs.

Bitcoin’s price dipped below $87,000 amid 78% odds of a U.S. government shutdown by January 31, 2026, reflected in prediction markets and fueled by tariff threats from President Trump against Canada and the EU.

Bitcoin’s drop is notable as institutional investors exit due to shutdown risks, impacting financial stability and crypto market confidence.

The recent decline in Bitcoin’s price is linked to increased U.S. shutdown odds, based on prediction markets statistics. President Trump’s tariffs on Canada and the EU add tension. Chuck Schumer has indicated blocking spending packages without certain provisions’ removal.

The drop in Bitcoin, with prices falling to $87,000, is attributed to institutional outflows from Bitcoin ETFs, amounting to $1.7 billion. Additionally, Ethereum’s price also fell to $2,882, amplifying overall market concerns.

Financially, these events have resulted in Bitcoin’s significant reduction from its $126,200 all-time high. Further, $226 million in short liquidations and total market liquidations of $765 million underscore market volatility amid government instability.

The potential shutdown could cause delays in economic data and crypto regulatory approvals, influencing markets considerably. Historical data shows past shutdowns have led to significant impact on Bitcoin’s price, exemplifying potential regulatory and financial consequences on crypto assets.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Vitalik Buterin Challenges Ethereum’s Layer 2 Paradigm

Vitalik Buterin Challenges Ethereum’s Layer 2 Paradigm

Vitalik Buterin challenges the role of layer 2 solutions in Ethereum's ecosystem. Layer 2's slow progress and Ethereum’s L1 scaling impact future strategies.
Share
Coinstats2026/02/04 04:08
USAA Names Dan Griffiths Chief Information Officer to Drive Secure, Simplified Digital Member Experiences

USAA Names Dan Griffiths Chief Information Officer to Drive Secure, Simplified Digital Member Experiences

SAN ANTONIO–(BUSINESS WIRE)–USAA today announced the appointment of Dan Griffiths as Chief Information Officer, effective February 5, 2026. A proven financial‑services
Share
AI Journal2026/02/04 04:15
China drops Google antitrust case as U.S.-China talks focus on TikTok and Nvidia

China drops Google antitrust case as U.S.-China talks focus on TikTok and Nvidia

The post China drops Google antitrust case as U.S.-China talks focus on TikTok and Nvidia appeared on BitcoinEthereumNews.com. Beijing is shelving its antitrust case against Google, as the United States and China ramp up negotiations over TikTok and Nvidia during a tense period in relations. People briefed on the matter said China’s State Administration for Market Regulation chose to end the competition inquiry into Google, a status in Chinese called “zhongzhi”, the Financial Times reported on Thursday, The FT added that Google has not yet received formal paperwork confirming the closure of the case. After talks with Chinese counterparts in Madrid, U.S. Treasury Secretary Scott Bessent said a September 17 deadline that could have disrupted the popular social media app in the United States pushed negotiators toward a possible agreement. He noted the deadline could be extended by 90 days to finish the terms, without giving specifics. Bessent said that when commercial details are made public, the arrangement would keep cultural features of TikTok that Chinese negotiators want to protect. “They’re interested in Chinese characteristics of the app, which they think are soft power. We don’t care about Chinese characteristics. We care about national security,” Bessent told reporters at the close of two days of meetings. Trump hinted at possible Chinese stake in TikTok Asked whether China might hold a stake, former President Donald Trump said, “We haven’t decided that but it looks to me, and I’m speaking to President Xi on Friday, for confirmation of that.” A Trump has said the platform aided his re-election last year, and his personal account counts 15 million followers. The White House launched an official TikTok account last month. Any deal may still need approval from the Republican-led Congress. In 2024, Congress passed a law saying TikTok must be sold because of worries that China could access U.S. user data and use it for spying or influence. The Trump administration has…
Share
BitcoinEthereumNews2025/09/18 14:08