Analysis: Bitcoin Falls Below $81,000, Possibly Due to Amplified Selling Pressure from Weekend Liquidity Shortage and Other Factors

Odaily According to market sources, Bitcoin's price fell below $81,000, influenced by amplified selling pressure due to weaker weekend market liquidity. Additionally, market participants pointed to heightened geopolitical tensions in the Middle East, uncertainty surrounding a potential U.S. government shutdown, and cautious sentiment within the crypto market as factors collectively suppressing risk asset performance. Market data shows Bitcoin's price dropped approximately 2.2% over the past 24 hours, with typically lower weekend trading volumes making prices more susceptible to rapid fluctuations. The market remains in a range-bound consolidation phase, with traders watching to see if Bitcoin can attract a new wave of buying interest within the $80,000-$82,000 range. Otherwise, if weekend selling pressure persists, the price could test lower levels. (CoinDesk)