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Arbitrum

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Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/altcoins-eye-potential-rallies-as-bitcoin-consolidates-at-69000" rel="noopener noreferrer nofollow">Altcoins Eye Potential Rallies as Bitcoin Consolidates at $69,000</a><br></p>
<p style="text-align: justify">The <a href="https://en.bitcoinhaber.net/binance-faces-pressure-from-us-government-on-crypto-companies" rel="noopener noreferrer nofollow">cryptocurrency</a> market is poised for a potentially tumultuous week, with investors anticipating heightened volatility. At the time of reporting, <a href="https://en.bitcoinhaber.net/crypto-value-downturn-bitcoins-sharp-decline-leads-market-dip" rel="noopener noreferrer nofollow">Bitcoin</a> is maintaining its position around $69,000, while altcoins appear ready to initiate significant rallies. Yet, the forthcoming week’s events hold the potential to sway cryptocurrency prices in either direction.</p>
<h2 id="key-cryptocurrency-events-last-week">Key Cryptocurrency Events Last Week</h2>
<p style="text-align: justify">Reflecting on last Sunday, March 3, we remember the pivotal moment when U.S. macroeconomic data propelled Bitcoin towards the $70,000 milestone. Regular updates on Sundays have become a staple for COINTURK readers, equipping them with insights to navigate the upcoming week. As the bull market intensifies, staying informed has never been more critical, especially for those seeking short-term trading strategies.</p>
<h2 id="upcoming-weekly-schedule-highlights">Upcoming Weekly Schedule Highlights</h2>
<p style="text-align: justify">The cessation of the Federal Reserve’s Bank Term Funding Program (BTFP) on Monday could be a precursor to bank failures, especially among local and mid-sized institutions, as suggested by Powell recently. Additionally, ‘inflation week’ is upon us, and unexpected inflation data could trigger swift crypto sell-offs, mirroring the Fed’s previous neglect of January figures.</p>
<p style="text-align: justify">Key events such as the <a href="https://en.bitcoinhaber.net/justin-suns-strategic-crypto-moves-amid-market-speculations" rel="noopener noreferrer nofollow">Ethereum</a> Dencun Upgrade and the unlocking of $2.1 billion in Arbitrum on Saturday are closely watched. These events might significantly influence Ethereum’s price, especially since the Arbitrum unlocking represents a substantial portion of its circulating supply. A negative market sentiment coinciding with this could lead to impactful market movements.</p>
<p style="text-align: justify">In summary, the coming days are filled with pivotal moments for cryptocurrency enthusiasts and investors. From liquidity shifts to inflation reports and major upgrades, each day holds the potential to notably impact the ever-changing landscape of digital currencies.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/altcoins-eye-potential-rallies-as-bitcoin-consolidates-at-69000" rel="noopener noreferrer nofollow">Altcoins Eye Potential Rallies as Bitcoin Consolidates at $69,000</a></h5>

Altcoins Eye Potential Rallies as Bitcoin Consolidates at $69,000

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