3 Things That Could Impact Crypto Markets in the Week Ahead
Monday is a holiday in the US for Presidents’ Day, so traditional markets are closed. Crypto markets never close, but they are already showing signs of weakness as another week begins.
There are several Federal Reserve speeches to look out for this week in addition to manufacturing and services purchasing manager’s indexes.
“Inflation is officially at its highest in at least 8 months, and [stock] markets are nearing all-time highs,” observed the Kobeissi Letter.
Economic Events Feb. 17 to 21
Both CPI and PPI reports came in above projections last week. The forward-looking producer-price index reflected the persistence of inflation, hinting at higher February CPI readings.
There are some housing reports due out…
