4 things that can affect Bitcoin and encryption markets next week

The encryption and stock markets witnessed some recovery last week, with feelings improved. However, many analysts believe that American stocks are not yet out of the forest.

The escalation of global trade tensions has almost traveled to the bear market. Error uncertainty, signs of economic slowdown, and continuous inflation in influencing consumer and investor morale remain.

This week is also the full final of economic data before the Federal Reserve meeting in May.

Economic events from 27 to 2 May

Consumer confidence data will be released on Tuesday, highlighting the total feelings in the United States. This will follow the job data, which also provides an insightful look at the broader labor markets and economic conditions.

On Wednesday, the PEC’s basic consumption expenses (PCE) report will be witnessed in March, which reflects the average amount of money spent by consumers monthly. This information is one of the primary inflation indicators used by the bank’s central policy makers.

Also on Wednesday, the annual pre -appreciation of the GDP growth is released in the Q1, providing an early look at the changes in the GDP of the previous quarter. Economists expected that growth will remain unchanged from the fourth quarter, 2024, by 2.4 % annually.

High GDP reading can affect the FBI price discount expectations, while low reading or slowdown can provide the central bank data to support interest rate cuts.

The main events this week:

1. Consumer confidence data CB – Tuesday

2. Job Job data – Tuesday

3, USA1 2025 GDP data – Wednesday

4.

5, job report in April – Friday

6. ~ 25 % of the S&P 500 companies reporting profits

We have a very busy week …

Kobeissileter’s message April 27, 2025

On Friday, some unemployment reports that have been released, which offer the number of new jobs created during the previous month and the percentage of people who are actively looking for work.

Futures in the United States decreased late Sunday, a week before the quarterly profits in the coming days.

It will issue four wonderful companies, Amazon, Apple, Meta and Microsoft, their quarterly reports this week.

Crypting market forecasts

The encryption markets decreased during early trading in Asia on Monday, with the total number of capitalism at the level of 3 trillion dollars and the risk of declining for the first time a week.

Bitcoin prices were fixed at about 94,000 dollars during the weekend, but they decreased to less than 93,000 dollars for a short period on Monday before the simple recovery. The origin still reaches 7 % during the past week.

Ethereum fell to less than 1800 dollars again and remains on the bear market levels. Meanwhile, XRP reduced the direction with a daily profit of 3 % to reach $ 2.24 at the time of writing this report.