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Cryptocurrency Market Trends: Weekly Summary and Upcoming Altcoin Events

As we approach the end of another week, the cryptocurrency market appears to be concluding on a primarily bearish note, with Bitcoin leading the dip. The world’s largest cryptocurrency, Bitcoin, has seen a drop of 2.67% from last week, trading at a value of $95,076 at the time of writing. Despite this, Bitcoin has shown resilience, making a strong recovery after plummeting below the $92,000 mark during the week.

However, as we move into a new week, there are numerous economic developments to look out for, as well as several pivotal altcoin events. We, at Bitcoinsistemi.com, have compiled a token unlock calendar to keep you abreast of these developments.

(All times are provided in UTC+3 Türkiye time)

On Monday, January 13, FTM will be delisted by Binance due to rebranding. It will, however, be relisted as S on Thursday. The same day will also witness the beta launch event deadline for Zerobase.

On the following day, Tuesday, January 14, at 16:30, the US Producer Price Index (PPI) Monthly will be released with an expected value of 0.4%, consistent with the previous value.

The midweek, Wednesday, January 15, will be an eventful day with a $31 million token unlock for STRK. Colorpool Airdrop Snapshot will be received by CHR, while Derive will host a token creation event for DRV. On the economic front, UK’s Consumer Price Index (CPI) Annual will be released at 10:00, followed by multiple economic events in the US, including speeches by FOMC members Kashkari and Williams, and the publication of the FED’s Beige Book document.

On Thursday, January 16, S will be listed by Binance, replacing FTM, and ARB will unlock tokens worth $70 million. At 00:30, BlackRock will release its Earnings Report. This will be followed by the US Initial Jobless Claims at 16:30, with an expected value of 210k.

To wrap up the week, on Friday, January 17, China’s Gross Domestic Product (GDP) Annual will be released at 05:00. Following this, the Euro Zone Consumer Price Index (CPI) Annual will be released at 13:00.

As you navigate the week, remember that this is not investment advice. It is always crucial to stay informed and make informed decisions in the volatile world of cryptocurrency.

This well-structured, engaging, and informative article aims to keep you updated about the significant events in the cryptocurrency market in the coming week. Stay tuned to Bitcoinsistemi.com for more updates.

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