The cryptocurrency market experienced significant declines in the first week of February. Bitcoin has fallen from $106,000 to $91,000 since last weekend, and this downward pressure has triggered a sharp correction in altcoins. The Fear and Greed Index has shifted from greed to fear again in the last week of increased selling.
Next week, while it is being monitored whether the volatility caused by trade taxes, which caused sharp declines in the cryptocurrency market, will continue, the market also focused on CPI data, Powell's speech, and macroeconomic developments.