Crypto analyst The DeFi Investor shared key themes he will closely monitor both in the altcoin space and in the macroeconomic sphere at the beginning of the new week.
Weekly, analysts track upcoming airdrops, token generation events (TGE), the launch of new products, and the Federal Reserve's crucial decision on interest rates.
As for altcoins, Jupiter has attracted attention first. A snapshot of Jupiter's status for the 'Jupuary' airdrop is expected on January 30. Meanwhile, Mantle has announced an 'important announcement' on January 27. Lighter plans to make a series of announcements throughout the next week, and the launch of Fluid DEX V2 is scheduled within the Fluid ecosystem.
Furthermore, on January 30, an Infinex Token Generation Event (TGE) is planned. The list of analysts also includes the S2 points accrual program from Paradex, which will conclude next week.
In macroeconomic terms, the focus is once again on the FOMC meeting. The interest rate decision, which will be announced on January 28, will be crucial for the entire cryptocurrency market, especially for Bitcoin. DeFi Investor also noted that there is a 77% probability of a U.S. government shutdown by January 31, which could create additional volatility in the markets.
News on the topic: Tensions have flared between Russia and Ukraine over cryptocurrencies! Russia has made a statement.
It is reported that the consequences of recent statements by U.S. President Donald Trump, which shocked the markets, continue to be felt. Trump's sharp rhetoric towards Jerome Powell and his pressure on the Federal Reserve have led to a sharp rise in the prices of commodities such as gold and silver. Silver has risen above the $100 mark, while gold is approaching $5,000.
The upcoming week also promises to be rich with the publication of macroeconomic data. On Tuesday, the Conference Board's Consumer Confidence Index and the Richmond Fed's Manufacturing Activity Index will be released. Weekly data on unemployment claims and the U.S. trade balance will also be monitored. On Friday, data on the Producer Price Index (PPI) in the U.S., monthly GDP change data for Canada, and the Chicago PMI index will be published.
However, the biggest surprise of the week may not be the Fed's decision, but Trump's statement. Trump is expected to announce his candidate to replace Powell, whose term expires in May, in the coming days. Rumor has it that Trump is considering four candidates: White House economic adviser Hassett, Fed Board member Waller, former Fed employee Warsh, and finally, Rick Reader. The markets are closely watching the inclusion of Reader, a key figure in BlackRock's bond operations.
*This is not investment advice.☝️