These 2 Economic Reports May Impact Crypto Markets This Week


It will be a very short week for the holidays, but the backlog of US economic data continues to roll out. 

Crypto markets reclaimed the psychological $3 trillion market cap level over the weekend, and for the first time in a while, there has been no late Sunday dump.

The week ahead is likely to be limited in volatility due to subdued trading over the Christmas holiday period. Some GDP data is due, but there are no major market-moving events this week.

A softer US CPI print last week rekindled hopes of a Santa rally, but markets have remained quiet.

Economic Events Dec. 22 to 26

The week will begin with October’s PCE inflation data on Monday, the other major report…

Source link