3 Things That Could Impact Crypto Markets This Week
Crypto markets held on to gains made late last week over the weekend, and momentum could continue into the following days.
There has been a small ‘Santa rally’ for stocks and crypto markets over the first few days of the year, with around $280 billion entering digital asset markets.
This week will see the release of key employment figures along with consumer sentiment reports.
“Labor market data is in the spotlight ahead of the January 29th Fed meeting,” commented the Kobeissi Letter.
Economic Events Jan. 6 to 10
Monday will see the release of the S&P Global Services PMI (Purchasing Managers’ Index), while Tuesday has the ISM (Institute for Supply Management) Services PMI. These reports portray business…
