These 4 Factors Could Move Bitcoin and Crypto This Week
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Crypto markets plunged over the weekend, wiping out almost three weeks of gains and accelerating losses that heighten volatility across tokens, DeFi, DEX and CEX activity. Ahead, rising US inflation, key consumer sentiment reports, multiple Federal Reserve speeches under new leadership and geopolitical risk as the war in Iran reaches its 80th day on Tuesday create clear downside catalysts for token performance and adoption.
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Crypto markets are tanking and have wiped out almost three weeks of gains, with losses accelerating over the weekend.
The week ahead has some key consumer sentiment reports amid rising US inflation and a number of Federal Reserve speeches under new leadership. Meanwhile, the war in Iran will mark its 80th day on Tuesday, and signs of a deal are still not forthcoming.
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