As the week progresses, global crypto market movements and various economic agendas in the United States are expected to heavily influence market dynamics.
The crypto market capitalization that had dropped to $2.17 trillion has now recovered to around $2.38 trillion, driven by a technical rebound after oversold conditions. Despite the temporary recovery, market conditions are still fragile, the future outlook remains unclear, and investors are still on their guard.
Key Crypto Market Events to Watch
Next week will be filled with a number of crucial agendas that have the potential to affect crypto market movements.
On Monday, all eyes will be on the Federal Reserve when President Donald Trump formally nominates Kevin Warsh to replace Jerome Powell as Federal Reserve Chairman. If confirmed, Warsh will bring his personal wealth and previous experience at the Fed to the position.
This change in leadership could influence the direction of future policies, especially regarding interest rate decisions and inflation targets.
However, until now the market has been plagued by uncertainty, as important data such as inflation figures and the November employment report were delayed due to the government shutdown. This situation has triggered market volatility, with investors confused about the future direction of US economic policy.
Another major event will occur on Tuesday, when the Federal Reserve injects $8.3 billion into the market. This liquidity injection aims to stabilize the financial markets, which have been under pressure recently.
This injection of funds is particularly important given that the market is still trying to recover from the massive sell-off that occurred at the end of the previous week.
On Wednesday, the Federal Budget Balance data will be released, which describes the fiscal health of the government. This report covers trends in state spending and revenues, which is particularly relevant amid the current economic challenges.
In addition, on Thursday, the Federal Reserve will also publish its Balance Sheet data. This report will provide a snapshot of the Fed’s financial position and future policy plans, including how it will handle inflationary pressures and weak economic growth.
Crypto Market Sentiment and Trends
The crypto industry recorded a growth of about 1.96% on February 8, 2026, although uncertainty still plagues the overall market. Bitcoin price has climbed back to the $71,000 range, and other altcoins are also showing signs of recovery.
This positive movement comes after a phase of excessive fear, reflected by the Fear and Greed Index, which bottomed out earlier in the week.
Government Shutdown Risk
Another risk that could potentially pressure the crypto market is the possibility of a partial government shutdown. Data from Polymarket shows there is a 66% probability of a partial shutdown next week.
If a shutdown occurs, the release of a number of important economic data will be delayed and fiscal policy will become more complicated, making it difficult for the Federal Reserve to navigate the current economic conditions.
Overall, this week has the potential to be a defining period, not just for the crypto market but for the economy in general. With many important reports and events on the horizon, investors need to remain vigilant and prepared for risks amidst a volatile economic environment.
Reference:
- Coingape. Top Crypto Market Events to Watch This Week. Accessed on February 9, 2026
Originally written by: Deswita Zela
Source: Pintu News
Published on: 9 February 2026
Link to original article: Key Events Set to Shake Up the Crypto Market This Week
