Cryptocurrency

Bitcoin

MultiversX

You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/cryptocurrency-market-braces-for-a-pivotal-week-ahead" rel="noopener noreferrer nofollow">Cryptocurrency Market Braces for a Pivotal Week Ahead</a> 
The week of January 15-21 may have passed, but significant events continue to shape the cryptocurrency market. <a href="https://en.bitcoinhaber.net/bitcoins-bullish-horizon-analyst-predicts-exciting-prospects-for-2024" rel="noopener noreferrer nofollow">Bitcoin</a> struggles below $43,000, and altcoins have returned gains fueled by ETF excitement. The coming days are poised to bring pivotal developments that could influence the direction of cryptocurrencies.
Monday, January 15, is marked by a U.S. holiday and Fetch (FET) mainnet upgrade. The following day, attention turns to a speech by Fed/Waller, the MultiversX (EGLD) Sirius activation, and the unlocking of $2.16 million in FLOW.
Midweek, on January 17, the Eurozone CPI and U.S. core retail sales figures will be closely watched, alongside multiple Fed speeches and the Ethereum Goerli Testnet upgrade. APE will also unlock $22 million.
Thursday, January 18, focuses on U.S. unemployment claims and the unlocking of $27.47 million in AXS. The week concludes with Fed Daly’s speech on Saturday and the unlocking of $142 million in INJ on Sunday.
While the macroeconomic front isn’t overly busy, Fed members’ comments on recent data could hint at a hawkish tone, especially after strong employment figures. Altcoins may experience increased volatility due to significant unlocking events, and caution is advised on Monday, with U.S. markets closed and a reputation for declines.
<h5>The post first appeared on BH NEWS: <a href="https://en.bitcoinhaber.net/cryptocurrency-market-braces-for-a-pivotal-week-ahead" rel="noopener noreferrer nofollow">Cryptocurrency Market Braces for a Pivotal Week Ahead</a></h5>

Cryptocurrency Market Braces for a Pivotal Week Ahead

BH NEWS

Other articles published on Jan 14, 2024

Dogwifhat Price Prediction: WIF Is Fifth-Largest Meme Coin After 194% Pump In A Week, But Conside...

Fee Wars Escalate in Anticipation of SEC’s Potential Approval of Spot Bitcoin ETF

MonopolyGO- A MEME TOKEN WITH REFLECTIONS BY AN EXPERIENCED TEAM

Shiba Inu: No Bad Idea AI (BAD) on Shibarium, SHIB Team Issues Warning

MetaMask: How the Web3 wallet is making huge profits

Will AXS, BCH Join the Next Altcoin Rally? Indicators Say “Yes”

Join our free newsletter for daily crypto updates!