Markets ended the weekend in a cautious, rotation-heavy state, with Bitcoin trading from $75k last Saturday to $77k Monday morning as macro risks spooked traders. The sentiment is centered on U.S. inflation, the possibility of a Fed rate cut, and liquidity expectations. Meanwhile, Ethereum continues to hover around $2,100.
CoinMarketCap’s Crypto Fear and Greed Index remains stable at 40.
What Traders Should Watch Out for This Week
The focus for this week is U.S. inflation numbers, and major US macro data like consumer confidence, durable goods, GDP second estimate, and PCE-related releases; any of these may change rate expectations and risk sentiment.
Here are the major economic indicators to watch out for this week:
- May 26: Consumer confidence and S&P Totality Case-Shiller Home Index
- May 28: Durable goods, 2nd estimate GDP, weekly jobless claims, consumer spending, personal income, PCE core price index (YoY)
- May 29: Advance economic indicators report, wholesale inventories, retail Inventories
