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Surging Oil Prices and Inflation Data Will Rattle Crypto Markets This Week

Surging Oil Prices and Inflation Data Will Rattle Crypto Markets This Week


A busy week lies ahead with all eyes on oil prices and key inflation reports due on the United States economic calendar. 

Crypto markets saw another red Monday morning as digital assets erased last week’s gains and returned to their sideways channel.

The only thing going up at the moment is oil prices, with crypto, commodities, and US stock futures all falling on Monday morning.

President Donald Trump said oil prices “will drop rapidly” when the “Iran nuclear threat is over,” adding that it is a “very small price to pay.”

Economic Events March 9 to 13

Crude oil prices have skyrocketed to $116 per barrel as oil futures opened higher on Sunday evening. This…

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