Dollar

bullish

Impact

Coin

<ul class="wp-block-list news-points"> 
 <li>Upcoming U.S. economic data releases will likely impact the volatile crypto market.&nbsp;</li> 
 <li>Inflation figures (PPI, CPI) and jobless claims are key indicators to watch.&nbsp;</li> 
 <li>The Fed’s interest rate decisions may be influenced by these economic reports.</li> 
</ul> 
The US economy is under the microscope this week, with a slew of key economic data releases to impact not just traditional markets, but the crypto space as well. 
Market experts anticipate the upcoming figures on inflation, employment, and consumer sentiment will have an influence on the trajectory of the crypto market, which has been grappling with its own volatility recently. Several key indicators are set to be released within the week, including U.S. PPI Inflation, U.S. CPI Inflation, Initial Jobless Claims, Retail Sales, and U.S. Consumer Sentiment. 
The Producer Price Index (<a href="https://www.bls.gov/news.release/ppi.nr0.htm" target="_blank" rel="nofollow">PPI</a>), scheduled for release on Tuesday (August 13), will offer an interesting perspective on consumer price inflation. The PPI, a leading inflation indicator, measures the price trajectory of manufactured goods. A positive (high) PPI reading reflects a bullish outlook for the US Dollar (USD). Conversely, a negative (low) reading usually signifi…
The post <a href="https://coinedition.com/key-u-s-economic-data-to-watch-this-week-impact-on-crypto/">Key U.S. Economic Data to Watch This Week: Impact on Crypto</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Key U.S. Economic Data to Watch This Week: Impact on Crypto

Coin Edition

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