3 Factors Poised to Influence Crypto Markets This Week
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Crypto markets stabilized over the weekend after a $200 billion selloff triggered by Israel''s strike on Iran. The conflict''s escalation sent investors scrambling for cash and gold, while oil prices jumped 5% at Monday''s open. Geopolitical tensions remain elevated as Iran rejects ceasefire talks under fire.
Last week''s cooler CPI and PPI reports briefly buoyed sentiment before Friday''s risk-off pivot. Tuesday''s Retail Sales data will test whether consumer resilience can offset stagflation fears. All eyes now turn to Wednesday''s Fed decision - the central bank must weigh stubborn inflation against worsening growth prospects.
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