🚨Economic Calendar: Weekly Data with Potential Impact on Cryptocurrencies
Global Macroeconomics and Its Effects on Cryptocurrencies.
Topic: Inflation Data and Focus Bulletin: The Macro Impact on Crypto Assets
What will happen this week:
* August 12: Inflation data from the United States (Consumer Price Index - CPI) and Brazil (IPC-A) will be released.
* Potential Impact: Higher than expected inflation in the US may increase risk aversion, negatively impacting the cryptocurrency market. On the other hand, if inflation comes in controlled, there may be a positive sentiment. Inflation in Brazil may impact local liquidity, but the global effect is smaller.
* August 11: The release of the Focus Bulletin in Brazil, with market projections for indicators such as inflation, GDP, and Selic rate, may influence the sentiment of local investors, who may reallocate funds to or from crypto assets.
* #Bitcoin
