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3 things that can affect the encryption markets next week

Easter weekend provided a little rest to the markets, and no commercial deals were announced. Meanwhile, US President Donald Trump has published a “unsuccessful fraud” list, noting that those who criticize the definitions are “bad at work.”

The noticeable decrease in consumer morale and the rise in domestic inflation expectations indicates that the troubled economic weather that is waiting if the situation continues.

The Federal Reserve Chairman Jerome Powell also contributed to the morale of the investor, and criticized the Trump tariff, while Potus retreated, threatened to shoot the central bank.

Economic data reports for this week and consumer morale can affect the central bank’s central money policy if there are great fluctuations. “All signs indicate more fluctuations this week,” said Kobesi’s message.

Economic events from 21 to 25 April

The first main reports of this week are Wednesday, when international services data and purchasing managers data are issued. This data provides leading economic indicators used by economists and analysts to gain an insight into changing economic conditions.

The permanent goods command report is scheduled to return in March on Thursday, as it measures the cost of requests that manufacturers receive for durable goods, such as vehicles and electrical appliances. Large tickets like this are more vulnerable to economic changes and are associated with consumer morale.

On Friday, the consumer morale index is scheduled for April and the inflation expectations for the consumer on Friday. These reports depict the results of a monthly survey of consumer confidence levels and consumer viewing destinations for long -term inflation.

The United States cannot escape from a “wave of inflation looming on the horizon”, and the government appears “not ready to respond”, ” He said Adam Bosen, head of the Peterson International Economy Institute, last week.

The Federal Reserve was “very loose” with monetary policy, which contributes to the risk of inflation, he said before adding, “If we get inflation, the federal reserve will be behind the curve,” which means more prices.

In addition, about 20 % of the S&P 500 companies, including Tesla and Alphabet (Google), will report this week while it can be a difficult quarter for large technology.

Crypting market forecasts

The encryption markets started the week in green, as Bitcoin leads the package as usual. The total number is about $ 2.84 trillion, with BTC $ 87,000 for the first time since late March.

Analysts said that Bitcoin has separated from the fall of the falling wedge, which could see the reflection of the downtown direction for a period of three months.

Ethereum, XRP and Binance Coin recorded simple gains, but Bitcoin was leading the markets on Monday in Asia.

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