Crypto markets are back in the green on Monday morning following a weekend of losses that sent them to their lowest point in this bear market cycle.<\/p>\n
The week ahead could accelerate those losses<\/a> as inflationary pressures are expected to continue with no deal in sight between the US and Iran.<\/p>\n \u201cWe expect another volatile week ahead after Friday\u2019s sharp drop in AI stocks,\u201d said the Kobeissi Letter.<\/p>\n<\/blockquote>\n The latest from the war situation is President Trump saying that Israeli Prime Minister Netanyahu will have \u201cno choice\u201d but to accept a US deal with Iran, because he \u201ccalls the shots.\u201d<\/p>\n The missile strikes from the US, Israel, and Iran continued<\/a> over the weekend, and oil prices are climbing higher again.<\/p>\n May\u2019s existing home sales data is due on Tuesday, but all eyes will be on Wednesday\u2019s CPI inflation report.<\/p>\n This report could be key ahead of the Federal Reserve\u2019s rate decision on June 17 as investors look for clues on whether the central bank is considering raising interest rates.<\/p>\n \u201cMay\u2019s consumer prices report will be a key gauge on the impact of rising prices on consumer spending,\u201d analysts at AJ Bell said in a note, according<\/a> to the WSJ.<\/p>\n \u201cWith inflation running persistently ahead of the Fed\u2019s 2% target, a hotter-than-expected print will make it difficult for policy makers to argue for further rate cuts.\u201d<\/p>\n<\/blockquote>\n However, there is currently a 97% probability that rates will remain unchanged, according<\/a> to the CME futures Fed Watch tool<\/p>\n Thursday will see May\u2019s PPI inflation report, adding more fuel to the fire should it come in hot.<\/p>\n Michigan Inflation Expectations and Consumer Sentiment data are due on Friday.<\/p>\n Key Events This Week:<\/p>\n 1. May Existing Home Sales data \u2013 Tuesday<\/p>\n 2. May CPI Inflation data \u2013 Wednesday<\/p>\n 3. May PPI Inflation data \u2013 Thursday<\/p>\n 4. OPEC Monthly Report \u2013 Thursday<\/p>\n 5. MI Inflation Expectations data \u2013 Friday<\/p>\n 6. MI Consumer Sentiment data \u2013 Friday<\/p>\n All eyes are on\u2026<\/p>\n \u2014 The Kobeissi Letter (@KobeissiLetter) June 7, 2026<\/a><\/p>\n<\/blockquote>\n Crypto markets fell to their lowest levels since October 2024, with total cap dipping to $2.17 trillion over the weekend.<\/p>\n Bitcoin fell below $60,000 to a new cycle low on Saturday but had clawed its way back to $63,000 at the time of writing on Monday morning in Asia. The asset has lost 14% over the past week, driven primarily by the ongoing war and Strategy selling a few BTC.<\/p>\n Ether prices have been hit harder, with the asset falling to just above $1,500, its lowest level for 14 months. There was a minor recovery to $1,700 on Monday morning, but ETH is in the depths of crypto winter.<\/p>\n The post 3 Things That May Move Bitcoin and Crypto Markets This Week<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Crypto markets are back in the green on Monday morning following a weekend of losses that sent them to their lowest point in this bear market cycle. The week ahead could accelerate those losses as inflationary pressures are expected to continue with no deal in sight between the US and Iran. \u201cWe expect another volatile […]<\/p>\n","protected":false},"author":1,"featured_media":44677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-46132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\n\n
Economic Events June 8 to 12<\/h2>\n
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Crypto Market Outlook<\/h2>\n