On Friday, the #cryptocurrency market experienced a decrease in value as the US Producer Price Index (#PPI) data showed an increase that spooked the market.
The global #crypto market cap dropped sharply to the $1.09 trillion mark. #Bitcoin Price dropped to $23,770.551, while Ether's price is trading at $1,656.7. Major #altcoins are also seeing a drop.
The global #crypto market cap dropped sharply to the $1.09 trillion mark. #Bitcoin Price dropped to $23,770.551, while Ether's price is trading at $1,656.7. Major #altcoins are also seeing a drop.
Market-deciding events this week: $XRP lawsuit outcome, #CPI & #PPI reports, FED's monetary policy, unemployment claims, and customer sentiment.
Traders and investors prepare for potential shifts and opportunities. Brace for the waves of change.
#BullMarket #HinmanEmails #ripplevsSEC #crypto
https://coinpedia.org/news/crypto-market-face-make-or-break-week-5-events-will-decide-fate-of-bitcoin-and-altcoins/
Traders and investors prepare for potential shifts and opportunities. Brace for the waves of change.
#BullMarket #HinmanEmails #ripplevsSEC #crypto
https://coinpedia.org/news/crypto-market-face-make-or-break-week-5-events-will-decide-fate-of-bitcoin-and-altcoins/
Coinpedia Fintech News
Crypto Market Face Make-or-Break Week: 5 Events Will Decide Fate of Bitcoin and Altcoins
In an exciting revelation, Michael Van De Poppe, the renowned CEO & Founder of MN Trading, recently took to Twitter to share a set of events that
BREAKING: September #PPI inflation unexpectedly rises to 2.2%, above expectations of 1.6%.
Core PPI inflation rose to 2.7%, above expectations of 2.3%.
This is the first jump in Core PPI since April 2022.
PPI inflation is now up 3 consecutive months.
What does the Fed do now?.👇👇👇
Core PPI inflation rose to 2.7%, above expectations of 2.3%.
This is the first jump in Core PPI since April 2022.
PPI inflation is now up 3 consecutive months.
What does the Fed do now?.👇👇👇
Key economic data and political events this week, including #CPI and #PPI release, U.S. government funding deadline, impact #cryptocurrency markets🔥👇
https://coinpedia.org/news/crypto-market-watch-this-week-u-s-inflation-data-shutdown-risks-and-impact/
https://coinpedia.org/news/crypto-market-watch-this-week-u-s-inflation-data-shutdown-risks-and-impact/
CoinPedia
Crypto Market Watch This Week: U.S. Inflation Data, Shutdown Risks, and Impact
This week is a very important one for the financial markets, including cryptocurrencies, as key economic data and political developments loom. With the
Key Events This Week #Cryptocurency #Crypto
📅Tuesday (12-12-2023)- #CPI Inflation Data at 8:30am EST
📅Wednesday (13-12-2023)- #PPI inflation Data at 8:30am EST
📅Wednesday (13-12-2023)- #FOMC rate hike and press conference at 2pm EST
📅Wednesday #FED Chair #Powell Press Conference
📅Thursday (14-12-2023)- Retail Sales at 8:30am EST
📅Tuesday (12-12-2023)- #CPI Inflation Data at 8:30am EST
📅Wednesday (13-12-2023)- #PPI inflation Data at 8:30am EST
📅Wednesday (13-12-2023)- #FOMC rate hike and press conference at 2pm EST
📅Wednesday #FED Chair #Powell Press Conference
📅Thursday (14-12-2023)- Retail Sales at 8:30am EST
Key Events This Week:
#Crypto #Cryptonews
📍Wed 10 Jan
🔵Anticipated Bitcoin Spot #ETF announcements by U.S. SEC
📍Thu 11 Jan
🔵US #CPI for December
🔵US Initial Jobless Claims for the Week
🔵#Cboe Digital Plans to Launch #Bitcoin and #Ether Margin Futures Trading
📍Fri 12 Jan
🔵December #PPI Inflation data
Four Federal Reserve members will speak before the crucial January #Fed meeting, offering insights on upcoming inflation data.
#Crypto #Cryptonews
📍Wed 10 Jan
🔵Anticipated Bitcoin Spot #ETF announcements by U.S. SEC
📍Thu 11 Jan
🔵US #CPI for December
🔵US Initial Jobless Claims for the Week
🔵#Cboe Digital Plans to Launch #Bitcoin and #Ether Margin Futures Trading
📍Fri 12 Jan
🔵December #PPI Inflation data
Four Federal Reserve members will speak before the crucial January #Fed meeting, offering insights on upcoming inflation data.
🔵 Key Events This Week
#Cryptonews #Cryptocurrency
1️⃣Ripple Remedies 12 February 2024(Monday) (The Ripple-SEC battle enters a pivotal "remedies phase" on this date)
2️⃣January #CPI #Inflation data - 13 February (Tuesday)
3️⃣ US Retail Sales data - 15 February (Thursday)
4️⃣ Do Kwon's Detention Ends on 15 February (Thursday) (The final decision on his extradition will be made by Montenegro's Minister for Justice)
5️⃣ January #PPI Inflation data -16 February ( Friday)
6️⃣ Total of 8 #Fed speaker events this week
#Cryptonews #Cryptocurrency
1️⃣Ripple Remedies 12 February 2024(Monday) (The Ripple-SEC battle enters a pivotal "remedies phase" on this date)
2️⃣January #CPI #Inflation data - 13 February (Tuesday)
3️⃣ US Retail Sales data - 15 February (Thursday)
4️⃣ Do Kwon's Detention Ends on 15 February (Thursday) (The final decision on his extradition will be made by Montenegro's Minister for Justice)
5️⃣ January #PPI Inflation data -16 February ( Friday)
6️⃣ Total of 8 #Fed speaker events this week
Breaking: US April PPI inflation meets expectations, climbing to 2.2% annually
🔵 US Producer Price Index (#PPI) for final demand rose 2.2% annually in April, in line with market expectations.
🔵 Annual core PPI also increased by 2.4%, matching analysts' estimates.
🔵 Both PPI and core PPI rose by 0.5% on a monthly basis in April.
🔵 Tomorrow, on May 15, 2024, at 8:30 A.M. Eastern Time, Consumer Price Index (#CPI) data will be released, and crypto enthusiasts are eager to see its impact on the #cryptomarket.
#Crypto #CryptoNews #CPI
🔵 US Producer Price Index (#PPI) for final demand rose 2.2% annually in April, in line with market expectations.
🔵 Annual core PPI also increased by 2.4%, matching analysts' estimates.
🔵 Both PPI and core PPI rose by 0.5% on a monthly basis in April.
🔵 Tomorrow, on May 15, 2024, at 8:30 A.M. Eastern Time, Consumer Price Index (#CPI) data will be released, and crypto enthusiasts are eager to see its impact on the #cryptomarket.
#Crypto #CryptoNews #CPI
Key Dates for #Crypto in June 2024
#CryptoMarket #CryptoNews
🔵US Consumer Price Index (#CPI) : Jun. 12, 2024 at 08:30 AM E.T
🔵US Producer Price Index (#PPI) : June 13, 2024, at 8:30 A.M. ET
🔵United States #Fed Interest Rate Decision : June 12 at 18:00 GMT.
🔵 Official Launch of #Ethereum: June 30, (2015- 9 Years back)
#CryptoMarket #CryptoNews
🔵US Consumer Price Index (#CPI) : Jun. 12, 2024 at 08:30 AM E.T
🔵US Producer Price Index (#PPI) : June 13, 2024, at 8:30 A.M. ET
🔵United States #Fed Interest Rate Decision : June 12 at 18:00 GMT.
🔵 Official Launch of #Ethereum: June 30, (2015- 9 Years back)
Tomorrow (Jun. 12, 2024 8:30 AM Eastern Time), we'll get the #inflation data (#CPI), followed by the Federal Reserve's decision on #interestrates and Jerome Powell's press conference. Here's what people are expecting:
🔵Very likely, rates will stay the same: 99.4%
🔵A small chance of a 0.25% rate cut: 0.6%
On Thursday (June 13, 2024, at 8:30 A.M. Eastern Time), we'll also see the Producer Price Index (#PPI) and unemployment data.
We should prepare for big swings in the market. We're almost there, just a bit more patience! 🤝
#Crypto #CryptoNews #CryptoMarket #BTC #Bitcoin
🔵Very likely, rates will stay the same: 99.4%
🔵A small chance of a 0.25% rate cut: 0.6%
On Thursday (June 13, 2024, at 8:30 A.M. Eastern Time), we'll also see the Producer Price Index (#PPI) and unemployment data.
We should prepare for big swings in the market. We're almost there, just a bit more patience! 🤝
#Crypto #CryptoNews #CryptoMarket #BTC #Bitcoin
Key Events Sheduled For This Week
#Crypto #Cryptonews
1️⃣ #Fed Chair Powell Testifies -(July 9th) -Tuesday
2️⃣ #Binance Vs SEC Hearing ( July 9th ) - Tuesday
3️⃣ June #CPI Inflation data - ( July 11th) 8:30 A.M. ET - Thursday
4️⃣ June #PPI Inflation data - Friday
5️⃣Total of 9 Fed speaker events this week
#Crypto #Cryptonews
1️⃣ #Fed Chair Powell Testifies -(July 9th) -Tuesday
2️⃣ #Binance Vs SEC Hearing ( July 9th ) - Tuesday
3️⃣ June #CPI Inflation data - ( July 11th) 8:30 A.M. ET - Thursday
4️⃣ June #PPI Inflation data - Friday
5️⃣Total of 9 Fed speaker events this week
Top #CryptoNews in Past 12 Hours
1️⃣ June US #CPI and #PPI released this week; #Powell testifies. 71.1% rate cut chance as per CME Group.
2️⃣ #Tether CEO Ardoino stated OpenAI was hacked. Local AI models protect privacy on new devices
3️⃣#TeraWulf CSO Kerri Langlais expects to see more merger proposals for bitcoin mining companies. They mined bitcoin with nuclear energy, averaging $32,373 in June.
4️⃣#Golem, which raised 820,000 ETH in its 2016 ICO, recently transferred 36,000 ETH, valued at $115 million.
5️⃣In Q2 2024, top centralized exchanges by capital inflow were #Binance, Bitfinex, Bitget, Bybit, Gate, etc. Binance led with $908 million as per CryptoRank statistics
6️⃣#Arkham reported the German Government transferred 500 BTC to Bitstamp and Coinbase ($27.9 million each)
7️⃣CoinShares reported $441 million inflows into digital asset investment products last week, with $398 million into #Bitcoin
1️⃣ June US #CPI and #PPI released this week; #Powell testifies. 71.1% rate cut chance as per CME Group.
2️⃣ #Tether CEO Ardoino stated OpenAI was hacked. Local AI models protect privacy on new devices
3️⃣#TeraWulf CSO Kerri Langlais expects to see more merger proposals for bitcoin mining companies. They mined bitcoin with nuclear energy, averaging $32,373 in June.
4️⃣#Golem, which raised 820,000 ETH in its 2016 ICO, recently transferred 36,000 ETH, valued at $115 million.
5️⃣In Q2 2024, top centralized exchanges by capital inflow were #Binance, Bitfinex, Bitget, Bybit, Gate, etc. Binance led with $908 million as per CryptoRank statistics
6️⃣#Arkham reported the German Government transferred 500 BTC to Bitstamp and Coinbase ($27.9 million each)
7️⃣CoinShares reported $441 million inflows into digital asset investment products last week, with $398 million into #Bitcoin
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This week, all eyes are on Jerome Powell's testimony, alongside crucial #CPI & #PPI data releases that will sway Yields & DXY.
Excitement mounts as the #Ethereum ETF gears up for trading debut on July 15th.
Anticipate a bullish outlook for #Bitcoin this week!
If SEC: “The #EthereumETF is denied”
#Vitalik:😂😂
Excitement mounts as the #Ethereum ETF gears up for trading debut on July 15th.
Anticipate a bullish outlook for #Bitcoin this week!
If SEC: “The #EthereumETF is denied”
#Vitalik:😂😂
BREAKING : ⚠️ BREAKING: US PPI YOY ACTUAL 2.6% (FORECAST 2.3%, PREVIOUS 2.2%)
PPI is actually worse than expectations, so either dumps crypto a bit or ignored in light of yesterday's CPI.
#PPI #Crypto #uscpi
Source: https://www.bls.gov/news.release/ppi.nr0.htm
PPI is actually worse than expectations, so either dumps crypto a bit or ignored in light of yesterday's CPI.
#PPI #Crypto #uscpi
Source: https://www.bls.gov/news.release/ppi.nr0.htm
Key Events to Watch in #Crypto This Month
🟡1 Aug 2024 : #FED Chair Jerome Powell Holds a Monetary policy Press Conference
🟡2 Aug 2024: US July #Unemployment Rate
🟡13 Aug 2024: US July #PPI (8:30 A.M. Eastern Time)
🟡14 Aug 2024 : US July #CPI (8:30 A.M. Eastern Time)
🟡16 Aug 2024: #FTX Consumer Voting Deadline
🟡19 Aug to 21 Aug 2024: #Web3 Summit berlin 2024
🟡1 Aug 2024 : #FED Chair Jerome Powell Holds a Monetary policy Press Conference
🟡2 Aug 2024: US July #Unemployment Rate
🟡13 Aug 2024: US July #PPI (8:30 A.M. Eastern Time)
🟡14 Aug 2024 : US July #CPI (8:30 A.M. Eastern Time)
🟡16 Aug 2024: #FTX Consumer Voting Deadline
🟡19 Aug to 21 Aug 2024: #Web3 Summit berlin 2024
Key Events This Week
#Crypto #Cryptonews
1️⃣#Trump & #ElonMusk's interview (August 12th 2024)- Monday- 8:00 PM ET
2️⃣ July #PPI Inflation data (August 13, 2024) - Tuesday - 8: 30 AM ET
3️⃣ July #CPI Inflation data(August 14, 2024) - Wednesday- 8:30 AM ET
4️⃣ July Retail Sales data(August 15th, 2024) - Thursday - 12:30AM ET
5️⃣Initial Jobless Claims- USA (August 15th, 2024) - Thursday - 8: 30AM ET
#Crypto #Cryptonews
1️⃣#Trump & #ElonMusk's interview (August 12th 2024)- Monday- 8:00 PM ET
2️⃣ July #PPI Inflation data (August 13, 2024) - Tuesday - 8: 30 AM ET
3️⃣ July #CPI Inflation data(August 14, 2024) - Wednesday- 8:30 AM ET
4️⃣ July Retail Sales data(August 15th, 2024) - Thursday - 12:30AM ET
5️⃣Initial Jobless Claims- USA (August 15th, 2024) - Thursday - 8: 30AM ET
BREAKING : July's Producer Price Index (#PPI) came in below expectations, increasing by just +0.1% MoM instead of the anticipated +0.2% (+2.2% YoY vs +2.3% YoY).
🔵This outcome boosts the #FED's confidence that inflation is easing, reinforcing the argument for potential rate cuts.
🔵Attention now shifts to tomorrow's #CPI report! (Scheduled at 8:30 A.M. Eastern Time)
Source: https://www.bls.gov/news.release/ppi.nr0.htm
#Crypto #CryptoNews
🔵This outcome boosts the #FED's confidence that inflation is easing, reinforcing the argument for potential rate cuts.
🔵Attention now shifts to tomorrow's #CPI report! (Scheduled at 8:30 A.M. Eastern Time)
Source: https://www.bls.gov/news.release/ppi.nr0.htm
#Crypto #CryptoNews