Key U.S. Economic Events Expected to Impact Bitcoin and Precious Metals
Investors are focusing on significant U.S. economic events this week, which include the Federal Reserve's interest rate decision, earnings from major tech companies, jobless claims, and Producer Price Index data. According to NS3 AI, these events are anticipated to affect the prices of Bitcoin, gold, and silver. While the Federal Reserve is largely expected to maintain current interest rates, remarks from Chairman Powell and new economic data could influence market sentiment and asset volatility. Robust economic indicators might exert pressure on safe-haven assets and cryptocurrencies, whereas weaker data could bolster risk appetite and drive up prices. #BTC #CryptoMarketWatch
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Key U.S. Economic Events Expected to Impact Bitcoin and Precious Metals
Investors are focusing on significant U.S. economic events this week, which include the Federal Reserve's interest rate decision, earnings from major tech companies, jobless claims, and Producer Price Index data.
According to NS3 AI, these events are anticipated to affect the prices of Bitcoin, gold, and silver. While the Federal Reserve is largely expected to maintain current interest rates, remarks from Chairman Powell and new economic data could influence market sentiment and asset volatility. Robust economic indicators might exert pressure on safe-haven assets and cryptocurrencies, whereas weaker data could bolster risk appetite and drive up prices. #BTC #CryptoMarketWatch