This morning Asia time, Bitcoin slightly rose back up to the $93K mark, after trading between $88,460 and $91,810 over the weekend. Furthermore, Ethereum moved up to $3,180. Altcoins also rose, especially Dogecoin, which jumped 11%.
CoinMarketCap’s Crypto Fear and Greed Index increased to 42, the first time since October. Traders are eyeing patterns for strong gains before American stocks begin trading in the first full week of trading in the new year.
What Traders Should Watch Out for this Week
Hopes for another Federal Reserve rate cut have cooled, with CME FedWatch data showing only a 16–17% chance of a 0.25% cut in January. This is because the US has shown strong GDP growth and employment numbers in recent weeks, reducing the need for additional monetary stimuli.
Here are some key US additional indicators to watch out for this week:
- Jan 5: ISM manufacturing index
- Jan 6: S&P final U.S. services PMI
- Jan 7: ADP employment, ISM services index, Job openings, and U.S. factory orders
- Jan 8: Initial jobless claims, U.S. trade deficit, U.S. productivity, and U.S. consumer credit
- Jan 9: U.S. employment report, U.S. unemployment rate, U.S. hourly wages, and UMich consumer sentiment
Keep an eye on the upcoming congressional vote on the CLARITY Act, which was introduced and passed in 2025, as it could bring clearer rules for crypto exchanges and help attract more institutional capital to the industry.
With regards to the U.S. capture of Venezuelan President Nicolás Maduro, economists and analysts expect a limited impact on the global economy as oil investments will likely take years to ramp up. Bitcoin is unlikely to suffer a major correction from this particular case.
