The core inflation figures of the U.S. CPI will increase for the first time in 2025 driven by Trump's trade war.
Higher-than-expected inflation could cloud the Federal Reserve's prospects for rate cuts ahead of its monetary policy meeting on June 17 and 18.
Moderate implied volatility for Bitcoin (below 40%) and Ethereum (around 65%) indicates market stability.
Key decisions are expected on the cryptocurrency market structure bill, a spot ETF for Litecoin, and the SEC's roundtable "DeFi and the American Spirit."
This week could be crucial for the cryptocurrency market as the U.S. publishes May data for the Consumer Price Index (CPI) and the Producer Price Index (PPI). A Bloomberg report shows that Trump's trade war has finally affected consumers, with accelerated inflation in May as companies pass costs onto consumers.
In addition to watching the U.S. CPI and PPI figures, the cryptocurrency market is anticipating key decisions on the Cryptocurrency Market Structure Bill, the Litecoin spot ETF, the SEC roundtable on DeFi, and much more.