Breaking: Crucial Economic Events Set to Shake Bitcoin and Crypto Markets

Breaking: Crucial Economic Events Set to Shake Bitcoin and Crypto Markets

The US Census Bureau will publish June’s final retail sales data, a significant consumer sentiment indicator. 
Eurostat will release the final consumer prices for Europe in June, with expectations of a decline in inflation. 
The favorable court ruling in Ripple’s favor and declining US consumer and producer prices triggered substantial price increases in the cryptocurrency market. Following this development on Thursday, July 13, XRP, Cardano (ADA), and Polygon (MATIC) prices experienced significant upward movements, recording double-digit gains. 
Additionally, the price of Bitcoin reached a new yearly high of $31,862, although it failed to sustain this bullish breakout. As the week drew close, profit-taking intensified despite positive economic data from the United States.
After initially gaining ground, the US stock indices retraced their advances, resulting in price consolidations within the cryptocurrency market. Bitcoin experienced a correction of approximately four percenta

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