cryptd.in

Алтернативен LinkedIn за криптографски таланти

5 Things That Could Move Crypto Markets in The Week Ahead

A Federal Reserve meeting minutes event and two key inflation reports are due this week as tension in the Middle East remains at a boiling point.

Crypto markets are up on Monday morning following President Trump’s extended deadline for Iran to open the Strait of Hormuz. He told Fox News on Sunday that he will “blow everything up” and “take over the oil” if they do not make a deal by Tuesday.

It appears that President Trump has shifted his deadline for US strikes on Iranian power plants for the fourth time, observed the Kobeissi Letter.

Economic Events April 6 to 10

The week kicks off with Monday’s March ISM Non-Manufacturing data, providing a broader picture of the state of the economy. Tuesday is Trump’s latest deadline, which could induce market volatility as Iran does not want to come to the negotiating table.

Wednesday’s Fed meeting could provide signals of rate cut or hike expectations as inflationary pressures increase again.

Thursday is a big data day with the third estimate of fourth-quarter GDP and PCE inflation data for February, while Friday will see the March CPI inflation report and April’s Michigan University Inflation Expectations data.

Weekly jobless claims figures are due Thursday, while the Michigan preliminary consumer survey for April is released Friday.

“The upcoming CPI reading for March will show the initial impact of soaring energy markets, even if the US is somewhat insulated by being a net exporter of oil and gas,” AJ Bell analysts said in a note, according to the WSJ.

“Close attention is likely to be paid to the core number, which strips out volatile food and energy costs, to get an idea of whether the inflation bug is spreading more broadly across the economy.”

Crypto Market Outlook

Markets are up around 2.4% over the past 24 hours, hitting an almost two-week high of $2.45 trillion during Asian trading on Monday morning.

Bitcoin led the charge, topping $69,000 again following a weekend of lulling below $67,000. However, it remains stuck within a two-month-long sideways channel.

Ether prices reclaimed $2,100 on Monday morning, but also remain stuck, facing heavy resistance at this price zone. A de-escalation in the Middle East this week could provide a boost for crypto markets, but inflationary pressures also weigh heavily on high-risk asset investing.

Публикацията 5 Things That Could Move Crypto Markets in The Week Ahead appeared first on CryptoPotato.


Коментари

Вашият коментар

Вашият имейл адрес няма да бъде публикуван. Задължителните полета са отбелязани с *

Последни емисии

Популярни категории

Търсене в уебсайта

Популярни истории

Етикети

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (434) #BitcoinETF (3) #BitcoinFundamentals (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Токенс (1) Придобиване на #BTC (1) #BullishPrediction (1) 1TP5ТВълчи настроения (1) #CКитайска минна промишленост (1) #CPIPпреглед (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #C Крипторегулация (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #C Криптонесигурност (1) #DerivativeJump (1) #Dogecoin (73) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #EC Търговия (1) #ElSalvadorBitcoin (1) #Ethereum (69) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Финансово въздействие (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) 1TP5Инвестиции (1) #InvestmentLoss (1) #JapaneseFirm (1) #Законодателни действия (1) #Правно въздействие (1) #Законодателство (1) #LightningNetwork (1) Пазарен анализ на #M (3) #M MarketMonitoring (1) #MПредвиждане на пазара (1) #MПредвиждания на пазара (1) #M MarketProjection (1) #M MarketSupport (1) #M Пазарна волатилност (1) #M Брак (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) #M Изпиране на пари (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzПредсказване (1) #PriceMilestone (1) #PПредвиждане на цените (2) #P ЦенаВъпрос (1) #P Ценови скок (1) #PrisonSentence (1) #QuantAnalysis (1) 1TP5Регулативен натиск (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) #Tехнически анализ (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XR Цена (1) #XRP (1)

Полезни връзки

Връзки, които намерих за полезни и исках да споделя.