Bitcoin Faces Fresh Test as US Shutdown Risk Looms on January 30

Bitcoin is approaching a key macro event as US lawmakers race to avert another federal government shutdown before the January 30 funding deadline. The market enters this period under pressure, following a failed January rally and a sharp shift in sentiment.

Historically, Bitcoin has not behaved as a reliable hedge during US government shutdowns. Instead, price action has tended to follow existing market momentum.

The renewed shutdown risk stems from Congress failing to finalize several FY2026 appropriations bills. Temporary funding is set to expire on January 30, and negotiations remain stalled, particularly around Department of Homeland Security funding.

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