Polymarket traders are predicting a 77% likelihood of a U.S. government shutdown occurring before the end of January, marking a 67% increase in probability over the past 24 hours. This development follows comments from President Donald Trump, who suggested that the Democratic Party might be responsible for any potential shutdown. The looming shutdown has introduced uncertainty into the legislative process of the CLARITY Act, with notable figures like Coinbase CEO Brian Armstrong retracting their support for the current bill. Additionally, Galaxy Digital's Alex Thorn highlighted ongoing deadlock in negotiations over stablecoin yields, with no significant progress towards a compromise.