Crypto Market Eyes US PCE Inflation & Fed FOMC Minutes This Week
The crypto market braces for a pivotal week as key U.S. economic indicators loom. Traders await the April PCE inflation data and Federal Reserve meeting minutes, both poised to shape sentiment amid lingering inflation anxieties and rate uncertainty.
Wall Street anticipates stagnant Core PCE growth at 2.6% annually, with a modest 0.1% monthly uptick. These metrics could dictate near-term capital flows across digital assets as institutional players reassess risk parameters.