TechFlow News, January 26: According to Dlnews, the fatal shooting in Minneapolis could trigger a U.S. government shutdown, further pressuring Bitcoin’s price. Bitcoin is currently trading at $87,889, down 0.4% over the past 24 hours and more than 5% over the past week. Prediction market Polymarket shows a 78% probability of a U.S. government shutdown.
Analysts note that short-term holders who bought near recent highs are now selling, and demand is insufficient to absorb this wave of supply, exerting downward pressure on prices. Meanwhile, Bitcoin-backed exchange-traded funds (ETFs) saw a net outflow of $117 million in January—the third consecutive month of outflows.
In contrast, gold—regarded as a safe-haven asset—has broken above $5,000 per ounce, while silver hit an all-time high surpassing $100 per ounce. Analysts attribute the surge in metal prices to escalating geopolitical tensions, which are fueling arms races and intensifying competition in artificial intelligence.
