Crypto Market in Focus: Key Events This Week That Could Drive Prices

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Get ready for a rollercoaster week in the crypto world! Bitcoin is holding steady above the $100,000 mark, but with some big events lined up, that could change fast. From Trump’s pro-crypto policies to global economic shifts, here’s what’s making waves and why it matters for your portfolio. 

Donald Trump’s Crypto Push: Will It Spark a Rally?

Donald Trump officially takes office this week, and his promises to prioritize crypto are already causing a buzz. He’s expected to sign executive orders aimed at loosening regulations, including repealing the SEC’s controversial SAB 121. This move could make it easier for banks to hold cryptocurrencies, potentially paving the way for broader adoption.

Investors are excited, but with markets closed for the Martin Luther King Jr. holiday on Monday, the real action starts Tuesday. Trump is expected to release many executive orders and experts think crypto will be the top priority for Trump since he himself launched a memecoin and openly embraced it. 

Comsidering the holiday the real Trump impact will be seen on tuesday, a crypto user raises questions if Trump’s policies ignite a new rally, or will it be a “sell-the-news” moment. 

Jobless Claims: A Clue to the Economy’s Health

Moving on to the fear side, Thursday’s jobless claims report will give us a peek into the U.S. labor market. If claims rise, it signals economic trouble, which could hurt consumer spending and confidence. It will be a vital event for crypto investors as when people tighten their wallets, investments in Bitcoin and other assets often take a back seat.

Japan’s Big Decision: A Rate Hike Could Shake Things Up

We have seen the global crash last time the BOJ raised interest and now once again all eyes are on the Bank of Japan (BOJ) this Wednesday. If they raise interest rates, it could send shockwaves through global markets, including crypto. A rate hike would disrupt liquidity, especially for traders using the yen to invest in higher-yield assets like Bitcoin. 

Liquidity to rise, if?

While the world is waiting for Trump’s inauguration there is a possible trouble looming over crypto if BOJ decides to do a rate hike. Some analysts even predict a sharp BTC drop if this happens. 

Consumer Confidence: The Week’s Final Test

On Friday, the U.S. consumer sentiment report will show how people feel about their finances and the economy. A positive outlook could boost Bitcoin buying, while negative vibes might push investors toward safer options. 

On crypto front the market is enjoying a short term rally with Bitcoin hitting an ATH of $109,114.88 after settling at $109,000. Trump is giving a major bull rally though the sentiments are mixed and anything can change the game at this point. 

Yet this week is packed with events that could move the crypto needle. Whether you’re a Bitcoin bull or bear, it’s time to stay alert—this is one week you don’t want to miss!