PANews reported on January 31st that, according to CoinDesk, Bitcoin's price fell below $81,000 due to weak market liquidity over the weekend amplifying selling pressure. Market participants also pointed to tensions in the Middle East, uncertainty surrounding the US government shutdown, and cautious sentiment within the crypto market as factors collectively weighing on risk assets. Market data shows that Bitcoin's price fell approximately 2.2% in the past 24 hours. Weekend trading volumes typically decrease, making prices more prone to rapid fluctuations. The market is currently still in a range-bound trading pattern. Traders are watching whether Bitcoin can attract new buying in the $80,000-$82,000 range; otherwise, if selling pressure continues over the weekend, the price may fall further.