Analysis: Bitcoin Falls Below $81,000, Possibly Due to Weekend Liquidity Shortage and Other Factors Amplifying Selling Pressure
Odaily According to reports, influenced by weak weekend market liquidity amplifying selling pressure, the Bitcoin price has fallen below $81,000. Additionally, market participants point out that tensions in the Middle East geopolitical situation, uncertainty surrounding a potential US government shutdown, and cautious sentiment within the crypto market are collectively suppressing the performance of risk assets. Market data shows that the Bitcoin price has dropped approximately 2.2% over the past 24 hours, with typically lower weekend trading volumes making prices more susceptible to rapid fluctuations. The market is currently still in a range-bound consolidation phase. Traders are 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 may further decline. (CoinDesk)
