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23 September, 2024

US Economic Data to Watch This Week: Potential Impact on Crypto

23 September, 2024

The US economic calendar is packed this week with key data releases that could significantly impact the cryptocurrency market. Investors will be closely monitoring indicators like PMI and GDP figures, which could drive volatility in Bitcoin and other digital assets.

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A particularly important event is Federal Reserve Chair Jerome Powell’s speech. His comments on monetary policy and inflation could offer valuable insights into the future direction of interest rates, which can have a substantial influence on risk assets like cryptocurrencies.

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Stay tuned for our analysis of these economic events and their potential implications for the crypto market.