Another volatile week is in store with two big inflation reports due alongside retail sales data.<\/p>\n
Last week\u2019s mixed recent economic reports<\/a> still reflect a robust economy and elevated inflation, supporting the case for the Federal Reserve to remain on hold with rate cuts for now.<\/p>\n \u201cMeanwhile, ongoing trade war headlines will carry over from last week\u2019s volatility,\u201d commented the Kobeissi Letter.<\/p>\n Crypto markets have remained flat over the weekend but resumed their retreat during early trading in Asia on Monday.<\/p>\n President Donald Trump<\/a> will make another tariff announcement on Monday, stating that the US will impose 25% tariffs on all steel and aluminum imports, including from Canada and Mexico.<\/p>\n He also reaffirmed that he would announce \u201creciprocal tariffs,\u201d probably on Tuesday or Wednesday, with the US imposing import duties on products where another country has levied duties on US goods.<\/p>\n January\u2019s Core CPI (Consumer Price Index) report will be released on Wednesday. This is one of the two key indicators used to measure inflation as it reflects price trends in the economy, shapes consumer spending, and directly affects the Fed\u2019s policy rate decisions.<\/p>\n This is followed by January\u2019s PPI (Producer Price Index) report on Thursday, which reflects input prices for producers and manufacturers. PPI measures the costs of producing consumer goods, which directly affects retail pricing and is also viewed as a signal of inflationary pressures.<\/p>\n January\u2019s Retail Sales report will be released on Friday, providing data on consumer spending. The report is a leading indicator of the economy\u2019s health as well as inflationary factors on the demand side.<\/p>\n Key Events This Week:<\/p>\n 1. Trump\u2019s \u201cReciprocal Tariff\u201d Announcement \u2013 Monday<\/p>\n 2. Fed Chair Powell Speaks \u2013 Tuesday\/Wednesday<\/p>\n 3. January CPI Inflation data \u2013 Wednesday<\/p>\n 4. January PPI Inflation data \u2013 Thursday<\/p>\n 5. January Retail Sales data \u2013 Friday<\/p>\n 6. ~20% of S&P 500 companies\u2026<\/p>\n \u2014 The Kobeissi Letter (@KobeissiLetter) February 9, 2025<\/a><\/p>\n\n Additionally, Fed Chair Jerome Powell will deliver his semi-annual monetary policy testimony to Congress, appearing before the House Financial Services Committee on Wednesday and the Senate Banking Committee on Thursday, which could add volatility.<\/p>\n America\u2019s largest crypto exchange, Coinbase<\/a>, is due to report earnings on Thursday.<\/p>\n Crypto market cap has fallen more than 3% on the day to $3.23 trillion at the time of writing as digital assets start the week in the red.<\/p>\n Bitcoin fell below $95,000 in an intraday low late on Sunday but managed to rebound to $97,000 during the Monday morning session in Asia.<\/p>\n Ethereum fell a further 2.4% on the day, dropping to $2,575 before recovering to over $2,630. The asset has lost around 20% over the past fortnight despite several bullish developments.<\/p>\n Altcoins were bleeding out again, with larger losses for XRP<\/a>, Dogecoin, Cardano, Stellar, Shiba Inu, and Sui.<\/span><\/p>\n The post 4 Things That Could Impact Crypto Markets in Volatile Week Ahead<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Another volatile week is in store with two big inflation reports due alongside retail sales data. Last week\u2019s mixed recent economic reports still reflect a robust economy and elevated inflation, supporting the case for the Federal Reserve to remain on hold with rate cuts for now. \u201cMeanwhile, ongoing trade war headlines will carry over from […]<\/p>\n","protected":false},"author":0,"featured_media":43093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-43092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/43092"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43092"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/43092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/43093"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Economic Events Feb. 10 to 14<\/h2>\n
Crypto Markets Retreat<\/h2>\n