The crypto market has gone through volatile trading lately, as evidenced by the performances of the major cryptos like Bitcoin, Ethereum, Solana, and others. However, the investors lauded the Bitcoin Halving event last week, as noted by the surge in the crypto prices after the event.
Now that Bitcoin Halving optimism is hovering in the market, investors are looking for cues on the potential impact of it on the crypto prices. Notably, amid this, macroeconomic concerns like the higher inflation and delay in the Fed’s rate cut plans have also weighed on the investors’ sentiment. Meanwhile, as the Fed grapples with the dilemma of a potential rate cut amid rising inflation, the crypto market braces for potential implications on sentiment and prices.
Key Economic Data To Watch This Week
The speculations in the crypto market intensify as it enters a crucial week. A flurry of economic data is scheduled for release this week, which might set the stage for future moves of the U.S. Feder
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