Crypto week ahead: 5 things that could affect Bitcoin price this week

The crypto market has entered the week of Nov. 9 under renewed selling pressure, with Bitcoin price falling below $74,000 as investors prepare for US inflation data, corporate earnings and several scheduled cryptocurrency events. Summary Bitcoin price entered the week below $75,000 after cryptocurrency liquidations exceeded $1 billion during weekend trading. US October inflation data arrives Tuesday, followed by producer price figures on Friday, November 13. MARA, Bitdeer, Gemini and other cryptocurrency companies have earnings scheduled throughout the coming trading week. Solayer and Pump.fun face scheduled token unlocks, while several decentralized organizations hold governance votes. The European Banking Authority assumes direct supervision of specified USDC reserve and liquidity requirements Thursday. According to crypto.news market coverage, Bitcoin price traded near $74,500 on Monday after briefly falling toward $73,700 during Sunday’s sell-off. The decline followed heavy withdrawals from US spot Bitcoin exchange-traded funds and another round of liquidations that exceeded $1 billion across the cryptocurrency market. Ethereum fell below $2,100 before recovering some losses, w...