Bitcoin faces slide to $60,000 if impending US shutdown triggers a statistical blackout
A US government shutdown risks causing a 'statistical blackout' by delaying economic data, potentially pushing Bitcoin down toward $60,000.Summary
Bitcoin traders are preparing for a potential US government shutdown starting January 31st, with prediction markets showing high odds for the event. The primary risk for Bitcoin is not a debt default, but an 'informational' or 'data fog' shock if agency staff reductions delay the release of key economic indicators like jobs and CPI data. Such delays impair the market's ability to price monetary policy, affecting Bitcoin via real yields and liquidity expectations. Furthermore, a shutdown could accelerate spot Bitcoin ETF outflows as managers cut risk. The impact depends on the shutdown's duration: a short lapse might cause minor volatility, but a prolonged disruption (over 3-4 weeks), similar to the 2025 shutdown, could see Bitcoin trade as a high-beta risk asset, potentially drawing prices down 15% to 30% from current levels, targeting around $60,000.
(Source：CryptoSlate)