According to TechFlow, Federal Reserve Board Governor Cook said that more cautious measures could be taken in terms of interest rate cuts.
With no crypto-specific catalysts in the near term, the market will focus on the U.S. January nonfarm payrolls report on January 10.
Expectations for the nonfarm payrolls report will be confirmed this week via the JOLTS job openings data on January 7 and the ADP employment data on January 8.