cryptd.in

LinkedIn Alternatif untuk Talenta yang Ramah Kripto

How Will This Week’s US GDP and Inflation Data Shake Crypto Markets?

-

oleh

cryptd.in
di

Crypto markets are deep in the red this Monday morning in Asia, and key economic data from the US this week could rattle them further.

Markets reacted positively following Donald Trump’s inauguration last week, with a new all-time high for Bitcoin on Jan. 20, but things appear to be unraveling at the moment.

President Trump also pledged to demand Federal Reserve rate cuts following potential declines in oil prices. However, the likelihood of success remains uncertain.

“Meanwhile, we are just six days out from the February 1st tariff start date Trump set last week,” cautioned the Kobeissi Letter.

Economic Events Jan. 27 to 31

Consumer Confidence data will be released on Tuesday, and the first Fed meeting of 2025 will take place on Wednesday. This may offer some insight into monetary policies going forward under a new administration.

Thursday, we will see the fourth quarter GDP Growth Annualized advance estimate. This report provides early insight into changes in GDP, and economists project that the pace of growth slowed to 2.7% from 3.1% in the third quarter.

A higher-than-expected reading could further weigh on the expectations for Fed rate cuts, while a lower-than-expected reading could provide the central bank with data to support rate reductions.

December’s Core Personal Consumption Expenditures (PCE) report is due on Friday. This data reflects the average amount of money consumers spend monthly and is used by Fed policymakers as a primary gauge of inflation.

It is also a big earnings week for tech giants, with ‘Magnificent 7’ beginning to report revenues. Microsoft, Meta Platforms, and Tesla are scheduled to publish theirs on Wednesday after the close, with Apple reporting revenue on Thursday.

Crypto Market Tanks

Crypto market capitalization has dumped 5.3% over the past six hours, with $175 billion leaving the space, sending it down to $3.56 trillion.

Over the past 24 hours, 228,000 traders were liquidated with total wrecked positions at $615 million, according to Coinglass.

Bitcoin led the drop, falling a little over 5% to just under $100,000 at the time of writing during the Monday morning Asian trading session.

Ethereum has fared worse as usual dropping more than 6% over the past few hours to $3,100. The altcoins were a sea of red with larger losses for Solana (SOL), Dogecoin (DOGE), and Sui (SUI).

Pos How Will This Week’s US GDP and Inflation Data Shake Crypto Markets? muncul pertama kali di CryptoPotato.

Komentar

Tinggalkan Balasan

Alamat email Anda tidak akan dipublikasikan. Ruas yang wajib ditandai *

Umpan Terbaru

Kategori Populer

id_ID Bahasa Indonesia
id_ID Bahasa Indonesia en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Cari di situs web

Cerita Populer

Tags

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenPemilihan (1) #BinanceVsCoinbase (1) #Bitcoin (425) #BitcoinETF (3) #BitcoinFundamental (1) Penanganan #Bitcoin (1) #BitcoinHarga (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Token (1) Akuisisi #BTC (1) #BullishPrediksi (1) #BullishSentimen (1) #ChineseMining (1) Ulasan #CPIP (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoKetidakpastian (1) #DerivativeJump (1) #Dogecoin (73) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (69) #EthereumPain (1) Harga #Ethereum (1) #Pendapat Ahli (1) #FedRateCut (1) #FiatCurrency (1) #Dampak Finansial (1) #KerahasiaanKeuangan (1) #FirmShutdown (1) #FrozenAccounts (1) 1TP5Dana Terlarang (1) #InflasiData (1) #Investasi (1) 1TP5Kerugian Investasi (1) #JapaneseFirm (1) #LegalAction (1) #Dampak Hukum (1) #Legislasi (1) #LightningNetwork (1) Analisis Pasar #M (3) #Memantau Pasar (1) Prediksi Pasar #M (1) Prediksi Pasar #M (1) Proyeksi Pasar #M (1) #MarketSupport (1) #MVolatilitas Pasar (1) #Menikah (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitabilitas (1) #M Pencucian Uang (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzPrediksi (1) #PriceMilestone (1) #PrediksiHarga (2) #Pertanyaan Harga (1) #PriceSurge (1) #PenjaraHukuman (1) #QuantAnalysis (1) #ekanan Regulasi (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) 1TP5Analisis Teknis (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

Tautan Berguna

Tautan yang menurut saya berguna dan ingin saya bagikan.