The encryption markets took a significant decrease in the late trading on Sunday, as Bitcoin fell to less than $ 100,000 for the first time since early May, but it seems already recovering.
The markets were very volatile during the past week amid geopolitical tensions and American air strikes on Iranian nuclear facilities during the weekend.
These tensions escalated with Iran’s threat to close the Strait of Hormuz, a major shipping channel, which would affect global oil prices.
Russia also has It is said I mentioned that the two countries are ready to provide Iran with nuclear weapons.
This market contains all your answers:
Over the past 72 hours, the United States bombed Iranian nuclear sites, Russia has said that the two countries are ready to provide Iran with nuclear weapons, and the Iranian parliament voted to close the Strait of Hormuz.
However, futures in the stock market decreased by -0.5 % in the open and …
Kobeissileter’s message June 22, 2025
Economic events from 23 to 27 June
The main inflation data is scheduled to run this week, as it starts with PMI Global Manufacturing readings in June and PMI services on Monday,
Procurement managers are led by these economic indicators that analysts use to gain an insight into changing economic conditions and change rates.
Tuesday will witness home sales and consumer confidence reports that have been issued, while Federal Reserve Chairman Jerome Powell will speak to Congress to give legislators an update on the views of the central bank on inflation and economy.
On Thursday, more Q1 GDP will be witnessed on Thursday, which will draw a wider image of the economy and what can be expected to move forward.
Personal consumption expenditures on Friday (PCE) for May is the big report for this week because it tracks the changes in inflation based on the spending on the consumer. The Federal Reserve is an annual PCE price index, its preferred scale of inflation in the United States.
The main events this week:
1. The markets interact with strikes in Iran – Monday
2. May is located home sales data – Tuesday
3.
4.
5. USA1 2025 GDP data – Thursday
6. PCE DATA DATA- Friday …
Kobeissileter’s message June 22, 2025
The highly crowded economic calendar is likely to create a very volatile week of tensions in the Middle East a weekend of encryption markets.
Crypting market forecasts
Digital assets continued to weak during the weekend after the American military action in the Middle East and more speech from Iran and Russia as the situation escalated.
The markets lost 4 % in a decrease to 3.15 trillion dollars, but they managed to recover a little during early trading in Asia on Monday morning.
Bitcoin losses, which decreased to $ 98,500 for a short period of six numbers on May 8. However, BTC regained $ 101,000 at the time of writing this report.
Ethereum threw more than 7 % in a decrease to $ 2,135, its lowest level since it collapsed over $ 2000 in early May. However, it has also achieved a simple recovery for trading about $ 2240 on Monday morning.
Altcoins was all red, regardless of liquid, with the continued weakness of the markets again.
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