3 Things That Could Impact Crypto and Bitcoin Prices This Week
Crypto assets entered bear market territory over the weekend, and more volatility could be ahead this week.
The crypto market selloff continued over the weekend as investors were rattled by US President Trump’s pick for the Federal Reserve chair.
The new Fed chair, Kevin Warsh, is viewed as hawkish and may not cut interest rates as fast or as much as investors expected, given his stance on inflation.
“It’s all about the labor market and earnings this week,” said the Kobeissi Letter, which also observed that “earnings season is in full swing and macroeconomic uncertainty is elevated.”
Economic Events Feb. 2 to 6
Monday kicks off the week with the January ISM…
