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Top Cryptocurrency Events to Watch This Week as Markets Turn Cautiously Bullish

Top Cryptocurrency Events to Watch This Week as Markets Turn Cautiously Bullish. Source: Image by Sergei Tokmakov, Esq. from Pixabay

As the new week begins, the cryptocurrency market is showing signs of renewed optimism, even as broader trends remain mixed. The total crypto market capitalization increased by 0.73% in the last 24 hours, slightly outperforming the weekly gain of 0.84%, though it still reflects a modest 0.84% decline over the past 30 days. This suggests cautious confidence among investors as they weigh macroeconomic signals against ongoing market volatility.

Bitcoin price continues to trade comfortably above the $90,000 level, reinforcing short-term bullish momentum and maintaining its position as the primary market driver. Ethereum price remains stable above $3,100, signaling resilience despite uncertain macro conditions. Binance Coin (BNB) is holding above $900 and appears positioned for a potential recovery as trading activity and investor interest gradually increase. With signals from major assets becoming less clear, market participants are closely monitoring key events that could determine the next directional move.

This week, several high-impact macroeconomic events are expected to influence cryptocurrency prices and overall market sentiment. Early in the week, remarks from a Federal Open Market Committee (FOMC) official may provide fresh insight into the future path of U.S. monetary policy. Any indication of prolonged high interest rates could pressure risk assets, while dovish signals may support crypto prices.

Investor attention will intensify with the release of U.S. Consumer Price Index (CPI) data for December. Previous readings showed easing inflation, and analysts anticipate further cooling. A lower CPI print could strengthen expectations of future rate cuts, boosting crypto market sentiment, while unexpected inflation could trigger short-term volatility.

Producer Price Index (PPI) data will add another layer of inflation insight, helping traders assess cost pressures at the wholesale level. Meanwhile, weekly jobless claims will offer clues about labor market strength, a key factor in economic stability and risk appetite. The week concludes with updated Federal Reserve balance sheet data, which provides insight into liquidity conditions that often correlate with crypto market performance.

Together, these cryptocurrency events to watch this week may shape short-term volatility and influence investor positioning as January progresses, making them essential for traders and long-term holders alike.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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