3 Things That Could Impact Crypto Markets in Week Ahead
A moderate week lies ahead on the United States economic calendar due to the ongoing government shutdown, but crypto markets are on a high after the weekend’s Bitcoin price peak.
Crypto markets are currently trading at all-time highs in terms of total market capitalization following Bitcoin’s surge to a record high of $125,500 on Sunday.
Cryptocurrencies and stocks continued to remain largely unfazed by the US government shutdown, which entered its third day last week.
Last week’s jobs reports indicated further labor market weakness, while the ISM Services index fell, indicating stagnation. Both would be more fuel for the Federal Reserve to cut rates again later…
