Five Events That Could Move Crypto Markets This Week

1 month ago 7

Rommie Analytics

Date Catalyst Main exposure
September 10–11 U.S. PPI and CPI Bitcoin, altcoins, yields and the dollar
September 10 ECB policy decision European markets and global risk appetite
No fixed date Liquid incident resolution L-BTC, Liquid services and bridge confidence
September 10–11 MultiversX and XRPL upgrades EGLD, XRP and network applications
September 10 Harmony migration deadline ONE holders, applications and liquidity providers

1. U.S. inflation could move the entire crypto market

The Bureau of Labor Statistics calendar places the August Producer Price Index release on September 10 and the Consumer Price Index on September 11. Both reports are scheduled for 8:30 a.m. ET.

PPI measures prices received by domestic producers, while CPI tracks prices paid by consumers. CPI normally has the stronger immediate influence on Federal Reserve expectations, but an unexpected P...

Read Entire Article