Tuesday (January 13) has a packed economic calendar, with several key data releases and Federal Reserve officials' speeches likely to directly move the markets. For crypto traders, this day presents both risks and opportunities.

**Early Morning Federal Reserve Speeches**

Starting at 01:30, Bostic and Barkin will deliver speeches in succession. Immediately after, at 02:00, the market will see two key data points from the US 10-year Treasury auction—winning yield and bid-to-cover ratio. These auction results often reflect the market’s true expectations of Fed policy and can have a broad impact.

**Morning Japan Data and Fed Williams**

At 07:00, Williams’ speech will follow to signal the Fed’s stance. Simultaneously, at 07:50, Japan’s November trade balance data will be released, creating ripple effects on the yen and Asia-Pacific markets.

**Afternoon to Night: US Inflation Data Spectacle**

At 19:00, the US December Small Business Optimism Index kicks off the US data session. The main event is at 21:30—the release of the December US CPI data, including: unadjusted CPI year-over-year, seasonally adjusted CPI monthly, seasonally adjusted core CPI monthly, and unadjusted core CPI year-over-year. These four indicators will directly influence market expectations for the Fed’s future rate cuts.

At 23:00, two events coincide: the annualized new home sales data for October and Fed’s Mester’s speech.

**Extending into the Next Day**

In the early hours of the next day, at 01:00 and 05:30, the EIA Monthly Short-Term Energy Outlook and API Crude Oil Inventories data will be released, continuing to inject variables into the market.

For swing traders and intraday high-frequency operators, this dense macroeconomic schedule means volatility will likely rise significantly. The hawkish or dovish stance of Fed officials and inflation expectations will directly impact crypto prices. It is recommended to pay close attention to the wording of Fed speeches and the difference between CPI data and market expectations, as these “surprises” often trigger short-term market moves.