Bitcoin Price Prediction: Top 3 Crypto Market Events to Watch This Week

Bitcoin (BTC) continues to hover below the $100,000 mark, but the coming week could bring events that stir the market into action.

There’s plenty on the horizon. But will any of these events be the spark that pushes Bitcoin past its current limits? Let’s take a look at what’s coming up and how it might affect the market.

FTX’s First Round of Payouts

FTX, the third-largest digital assets exchange, is starting its first round of creditor payouts after its collapse in late 2022. The first to be repaid are Convenience Class creditors, who will receive full repayment along with 9% annual interest on claims up to $50,000.

While some hope these payouts will lift market sentiment, Markus Thielen, founder of 10x Research, remains cautious. He points out that FTX’s payout of around $1.2 billion to Convenience Class creditors is too small to make a big difference in the market.

Thielen also notes that out of the remaining $10.5 billion for larger creditors, only $7 billion could be available for crypto investment. Even then, half of that might flow back into the market, resulting in a net inflow of just over $3 billion—about the same as one month’s worth of Bitcoin inflows.

Could FTX Creditors Push Solana Higher?

On a more positive note, Mena Theodorou, co-founder of Coinstash, expects some smaller creditors to invest their payouts in Solana (SOL). FTX had invested in SOL before, and with Solana’s 500% growth last year, Theodorou believes it could outperform the broader market, driven by strong on-chain activity and developer growth.

Trump and Musk’s Interview: Will It Spark Market Moves?

On February 19, U.S. President Donald Trump and billionaire Elon Musk will sit down for an exclusive interview with Fox News host Sean Hannity. This interview comes just a day before the Federal Open Market Committee (FOMC) meeting on February 20.

The conversation is likely to cover politics, tariffs, and immigration, but there’s potential for a discussion on digital assets that could influence market volatility.

Theodorou believes that Trump’s growing interest in cryptocurrency, combined with Musk’s influence in the space, could drive market movement—especially if they discuss policy, regulation, or adoption. However, crypto enthusiasts have been disappointed by the delay in Trump’s plans for a strategic Bitcoin reserve, with many hoping for quicker action.

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The Fed’s January Meeting Minutes: What’s Next for Interest Rates?

On Wednesday, the Federal Reserve will release the minutes from its January meeting, where it decided to keep interest rates steady. The central bank emphasized that it wasn’t in a rush to cut rates and wanted to see more progress on inflation.

Traders will be paying close attention to these minutes to understand the Fed’s current position. With higher-than-expected CPI and PPI data, rate cuts seem less likely in the near term. Additionally, Trump’s tariffs are adding inflationary pressure, which makes the Fed’s decisions even more complex.

If the minutes suggest the Fed sees the current policy as too restrictive, it could lead to bond market volatility, which might affect riskier assets like cryptocurrencies.

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With so many influential players and pivotal moments ahead, the coming days could bring both surprises and new challenges for the crypto world.