Inflation Down, Crypto Up?
It’s been a frantic week on the geopolitical front, as the US has flexed its muscles and Iranians have risen up against the mullahs. If you were hoping for a quiet year ahead, you’re going to be disappointed.
The crypto market has been a relatively sleepy backwater of late, but that could be set to change as US politicians lock horns over the CLARITY Act, while the highly anticipated Innovation Exemption from the SEC also looms large. There’s also key data due this week that could signal lower inflation in the US to boot. Today’s forward guidance looks at how all eyes will be on Washington, DC over the coming days, and why that might signal green candles ahead for the crypto market.
And it’s not just US politicians duking it out…
