Minneapolis Shooting Sparks Concerns Over U.S. Government Shutdown, Affecting Bitcoin Prices

The recent shooting in Minneapolis has heightened concerns about a potential U.S. government shutdown, leading to a negative impact on Bitcoin's price. According to NS3.AI, the uncertainty in the market and increased risk aversion have prompted investors to seek refuge in safe haven assets such as gold and silver. As a result, Bitcoin has experienced a decline of over 5% in the past week. Despite the short-term selling pressure and ETF outflows, some analysts believe that the macroeconomic conditions remain broadly supportive for Bitcoin's medium-term outlook.