Reserve Dollar

FOMC

April

Reserve

<ul>
 <li>The U.S. PPI and the Consumer Price Index (CPI) are about to be released this week.</li>
 <li>Investors are preparing for any market movements in reaction to upcoming data.</li>
</ul>
All eyes are on the impending release of critical economic figures as the cryptocurrency market prepares for a significant week. U.S statistics from the Consumer Price Index (CPI) and the Producer Price Index (PPI) are anticipated by investors with great anticipation, as they will provide insight into inflation tendencies.
Amidst mounting worries about possible <a href="https://thenewscrypto.com/u-s-federal-reserve-keeps-interest-rate-unchanged/" target="_blank" rel="noopener noreferrer nofollow">Federal Reserve</a> rate cuts, these indicators continue to have considerable influence on market mood and the pricing of cryptocurrencies.
<h3 class="wp-block-heading" id="h-high-volatility-expected">High Volatility Expected</h3>
The crypto market is getting ready for some major economic data this week. Important measures for tracking inflation trends, the U.S. Producer Price Index (<a href="https://in.investing.com/economic-calendar/ppi-238" target="_blank" rel="noopener noreferrer nofollow">PPI</a>) and the Consumer Price Index (<a href="https://www.investing.com/economic-calendar/cpi-733" target="_blank" rel="noopener noreferrer nofollow">CPI</a>) are about to be released.
Participants in the cryptocurrency market will be keenly watching these numbers, as well as the minutes from the March <a href="https://thenewscrypto.com/bitcoin-faces-brief-correction-as-fomc-decision-looms/" target="_blank" rel="noopener noreferrer nofollow">FOMC</a> meeting and the monthly publication of the U.S. federal budget, since they are expected to give crucial insights.
The consumer price index (CPI), minutes from the March FOMC meeting of the Federal Reserve, and the monthly U.S. federal budget are all set to be issued on Wednesday, April 10. In particular, these measures are critical indicators of the state of the economy and the rate of inflation right now.
On the other hand, Thursday, April 11, will see the publication of the U.S. Producer Price Index (PPI), which will further intensify market scrutiny. Crypto market participants are preparing for any market movements in reaction to upcoming data, while the CME FedWatch Tool indicates that the Federal Reserve is likely to keep interest rates constant with a 95.2% probability.
Highlighted Crypto News Today:
<a href="https://thenewscrypto.com/early-backers-of-nftfn-foresee-a-bigger-price-surge-than-xrp-and-lunc/" target="_blank" rel="noopener noreferrer nofollow">Early Backers Of $NFTFN Foresee A Bigger Price Surge Than XRP And LUNC</a>

Investors Await Upcoming U.S Economic Data as High Volatility Expected

Содержание

TheNewsCrypto

Другие статьи, опубликованные 8 апр. 2024 г.

Top 4 Mid-Cap Real-World Assets Ready to Surge with BTC at $72K+

Can Dogecoin Surpass Ripple? Here’s What It Would Take

Livepeer Price Prediction for Today, April 8 – LPT Technical Analysis

3 Altcoins That Could Be Your Ticket to Crypto Millions in the Upcoming Bull Run: Floki Inu (FLOK...

Nervos Network Price Prediction: CKB Is Top Weekly Gainer With 45% Surge As Traders Turn To This ...

BitBoy Crypto calls Cardano dead; ADA founder responds with class

Подпишитесь на нашу бесплатную рассылку и получайте новости криптовалют каждый день.