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Martin Young

Key Macro Events and Market Moves Shaping Bitcoin and Crypto Prices This Week

Bitcoin and broader crypto markets are facing renewed selling pressure as traders await key US macroeconomic data and Federal Reserve minutes in the week of the President's Day holiday. Inflation gauges including January CPI and the upcoming December PCE report, together with GDP figures and multiple Fed speaker appearances, are expected to influence risk appetite. Meanwhile, Bitcoin has slipped back toward $68,300 and total crypto market capitalization has retreated to about $2.41 trillion as volatility returns.
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