Top U.S. Events This Week: Will Bitcoin Price Rally or Drop?

Get ready for a rollercoaster week in the crypto world! Bitcoin is holding strong above $100,000, but with several important events ahead, that could change quickly. From Trump’s crypto-friendly policies to key global economic shifts, here’s what’s coming up 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 generating excitement. He’s expected to sign executive orders to ease regulations, including repealing the SEC’s controversial SAB 121. This move could make it easier for banks to hold cryptocurrencies, which could boost adoption.

While investors are optimistic, the Martin Luther King Jr. holiday means markets will be closed on Monday. The real action begins on Tuesday when Trump is expected to release several executive orders. Experts believe crypto will be a top priority for him, especially after his previous support of memecoins.

Due to the holiday, the full impact of Trump’s policies won’t be felt until Tuesday. Crypto users are wondering whether his policies will lead to a rally or if it will turn into a “sell-the-news” moment once the excitement fades.

Jobless Claims: Economic Signals for Crypto?

On Thursday, the U.S. jobless claims report will provide insight into the state of the labor market. If claims rise, it could signal economic trouble, which may affect consumer spending and confidence. This will be an important event for crypto investors, as tightening wallets often lead to less investment in assets like Bitcoin.

BOJ Rate Hike: What It Means

All eyes will be on the Bank of Japan (BOJ) on Wednesday, as it considers raising interest rates. After the global market dip following the BOJ’s last rate hike, another increase could rattle markets—including crypto.

A rate hike would disrupt liquidity, especially for traders using the yen to invest in assets like Bitcoin. Some analysts predict this could cause a sharp drop in BTC.

Liquidity to rise, if?

To end the week, Friday will bring the U.S. consumer sentiment report, showing how people feel about their finances and the economy. If sentiment is positive, Bitcoin could see more buying. If it’s negative, investors might seek safer options.

Bitcoin’s Short-Term Rally: Will It Last?

On the crypto front, the market is experiencing a short-term rally, with Bitcoin hitting an all-time high of $109,114.88 before settling at $109,000. Trump’s policies are driving this rally, but sentiment is still mixed—anything can happen at this stage.

This week is full of events that could shift the crypto market. Whether you’re a Bitcoin bull or bear, it’s time to stay alert—this is one week you won’t want to miss!