3 Factors Shaping Crypto Markets This Week
Cryptocurrency markets face a volatile week as macroeconomic tensions and policy uncertainty collide. The US government shutdown continues to obscure economic data, leaving Federal Reserve guidance in limbo—just as Leveraged derivatives positions amplified Friday's Trump-tariff selloff.
Monday's rebound mirrors equities, with futures rallying on perceived US-China de-escalation. Yet manufacturing data from New York and Philadelphia later this week could reignite recession fears, particularly given both states' deteriorating economic conditions.
All eyes remain on Fed Chair Powell's Tuesday speech, though the data vacuum diminishes hopes for clear policy signals. The crypto market's recovery remains fragile, with traders weighing geopolitical risks against the sector's typical fourth-quarter bullish tendencies.
