As a new week begins, investors' eyes are on the United States, where important economic reports are scheduled to be released that could reshape the cryptocurrency market.
Highlights:
Inflation indicators:
CPI (February 12): Measures changes in the prices of a basket of goods and services. A rise in prices could lead to the Federal Reserve raising interest rates.
PPI (February 13): An early indicator of inflation; a rise indicates the possibility of higher prices later.
Other reports:
Inflation Expectations (Feb. 10): Reflects consumers' perception of the future.
Business Optimism Index (Feb. 11): Measures the sentiment of small businesses.
Unemployment data (Feb. 13): Decline points to strong labor market, but may raise inflation concerns.
Consumer Confidence (Feb. 14) from the University of Michigan: Rising May Signal Increased Spending.
Potential impact:
Rising inflation could prompt the Fed to raise interest rates, making the dollar a safe haven and putting pressure on cryptocurrencies.
A strong economy and investor confidence may encourage risk-taking and support the cryptocurrency market, despite the potential for sharp volatility.
Tips for investors:
Monitor reports closely to understand potential impact.
Manage risk by setting clear strategies such as setting stop loss levels.
Financial advice when needed to avoid hasty decisions.
In short, the coming week holds important keys that may direct the course of cryptocurrencies; the balance of risks and opportunities depends on an accurate reading of US economic data.