A short but busy week lies ahead on the United States economic calendar as spot crypto markets lose recent gains again.

All eyes will be on the PCE inflation report this week, following last week’s CPI, and the Federal Reserve minutes on Wednesday.

January’s CPI came in slightly below expectations, with headline inflation at 2.38% year-on-year and core CPI at 2.5%, the lowest since early 2021. This boosted the stock and crypto markets on Friday, but gains in the latter were soon eroded over the weekend.

“Meanwhile, geopolitical tensions remain, and macroeconomic uncertainty is elevated,” said the Kobeissi Letter, cautioning of “more volatility this…