Bitcoin Prices Remain Flat as Traders Anticipate Market News: What to Expect This Week

Bitcoin’s Uneventful Weekend

It was a quiet weekend of dormant trading leading up to a fairly quiet week ahead with no groundbreaking news on deck.

Illustration by TradingView

• Bitcoin prices were hugging the flatline early Monday, trading at about $97,000 each. The OG token hasn't made any interesting moves, leaving traders feeling sleepy after an uneventful weekend.
• Over the past couple of weeks, Bitcoin has not captured much interest as its prices have been moving in a long straight stretch.

What’s Coming This Week?

• Bitcoin is down about 11% from its all-time record of $109,000 made in January. Traders are eager for some market-moving news. When is it coming?
• Most likely not this week, unless something extraordinary happens. The next five days appear to be dry on scheduled economic events.

Trump and Musk Interview

• The biggest highlight of this week is the Federal Reserve’s meeting minutes release on Wednesday. The Fed had previously indicated that interest rates are staying the same, with Jay Powell striking a cautious note on future cuts.
• An interview with Donald Trump and Elon Musk is expected to air on February 18, likely discussing cost cuts, tariffs, and the media's portrayal of their relationship.