Market Events Set to Stir Cryptocurrency

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As Sunday rolls around, the cryptocurrency landscape anticipates notable shifts that could affect market activities. Recent tariff declarations and various economic dynamics are poised to trigger significant fluctuations in the coming days. What are the essential events that could lead to volatility for crypto enthusiasts?

Key Developments Impacting Crypto

On Friday, Federal Reserve Chair Jerome Powell offered little clarity on potential interest rate reductions. Speculation persists that economic downturns may prompt the Fed to intervene. Reflecting on past actions, in 2021, the Fed insisted that “inflation is temporary” even before enacting rapid rate hikes. Currently, the Fed seems untroubled by recession signals and is anticipated to implement multiple rate cuts by year-end.

What Are the Upcoming Events?

Following Friday’s data release, market sentiment evolved, increasing expectations for five rate cuts by year-end due to retaliatory measures from China. Earlier, projections were limited to one or two cuts. Current discussions suggest a shift in outlook, with global trade conditions worsening and both the U.S. and China likely needing to inject liquidity to boost market demand amidst these turbulent times.

Upcoming events of interest include:

Tuesday, April 8

  • 21:00 – Fed’s Daly will speak
  • Paris Blockchain Week

Wednesday, April 9

  • 18:00 – Fed’s Barkin
  • 21:00 – Release of Fed Minutes

Thursday, April 10

  • 15:30 – U.S. CPI (Expectation: 2.6%, Previous: 2.8%)
  • Core CPI (Expectation: 3%, Previous: 3.1%)
  • 18:30 – Fed’s Logan
  • 19:30 – Fed’s Harker
  • Do Kwon’s U.S. Court Hearing

Friday, April 11

  • 15:30 – U.S. PPI (Expectation: 3.3%, Previous: 3%)
  • Core PPI (Expectation: 3.6%, Previous: 3.4%)

The influence of U.S. tariffs on metrics like inflation and producer costs is set to emerge over three months. Existing data is expected to reflect rising prices, even prior to the tariffs taking effect. In the upcoming months, we should witness an uptick in inflation and cost indicators as a direct result of these tariffs.

  • The Federal Reserve’s indecision on rate cuts may lead to market uncertainty.
  • Global trade conditions are deteriorating, necessitating liquidity infusions.
  • Upcoming Fed Minutes could reveal crucial insights regarding interest rates.
  • Expectations of inflation increases due to recent tariffs are forming.

With the evolving economic landscape, crypto enthusiasts must stay alert to market signals and upcoming events, as they hold the power to create significant waves in the cryptocurrency domain.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.



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