4 Market-Shaking Events That Could Send Bitcoin and Crypto Into Turmoil This Week
Brace for impact—these four seismic shifts might just send crypto markets into a tailspin.
Regulatory tremors: Whispers of fresh crackdowns could spook traders clinging to their digital gold.
Liquidity quicksand: Thin order books might amplify any sell-off into a full-blown cascade.
Macro meltdown: Traditional markets sneeze, crypto catches pneumonia—watch those Fed whispers.
Black swan buffet: Because when has crypto ever avoided a good old-fashioned surprise disaster?
Bonus jab: Meanwhile, Wall Street 'experts' will still blame volatility while quietly stacking their own bags.
Economic Events June 23 to 27
Key inflation data is due this week, kicking off with June’s S&P Global Manufacturing PMI and Services PMI preliminary readings on Monday,
These purchasing managers’ indexes are leading economic indicators used by analysts to gain insights into changing economic conditions and rates of change.
Tuesday will see home sales data and consumer confidence reports released, while Federal Reserve Chair Jerome Powell will be speaking before Congress to give lawmakers an update on the central bank’s views on inflation and the economy.
Thursday will see more GDP data released for Q1, which will paint a broader picture of the state of the economy and what to expect going forward.
Friday’s Personal Consumption Expenditures (PCE) for May is the big report of the week as it tracks changes in inflation based on consumer spending. The Fed considers the annualized Core PCE Price Index its preferred gauge for inflation in the US.
Key Events This Week:
1. Markets React to US Strikes on Iran – Monday
2. May Existing Home Sales data – Tuesday
3. June CB Consumer Confidence data – Tuesday
4. Fed Chair Powell Speaks – Tuesday & Wednesday
5. US Q1 2025 GDP data – Thursday
6. May PCE Inflation data- Friday…
— The Kobeissi Letter (@KobeissiLetter) June 22, 2025
A very busy economic calendar combined with increased tensions in the Middle East is likely to create a very volatile week ahead for crypto markets.
Crypto Market Outlook
Digital assets continued to weaken over the weekend following US military action in the Middle East and more rhetoric from Iran and Russia as the situation escalates.
Markets lost 4% in a fall to $3.15 trillion but managed to recover slightly during early trading in Asia on Monday morning.
Losses were led by Bitcoin, which fell to $98,500 briefly in its first sub-six-figure dip since May 8. However, BTC had reclaimed the $101,000 level at the time of writing.
Ethereum dumped more than 7% in a fall to $2,135, its lowest level since it broke above $2,000 in early May. Nevertheless, it also made a minor recovery to trade around $2,240 on Monday morning.
Altcoins were all in the red aside from Hyperliquid as markets continue to weaken again.
