{"id":11031,"date":"2025-02-03T11:32:12","date_gmt":"2025-02-03T11:32:12","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11031"},"modified":"2025-02-03T11:32:12","modified_gmt":"2025-02-03T11:32:12","slug":"major-economic-events-to-watch-for-this-week-in-crypto-best-crypto-to-buy-during-the-dip","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11031","title":{"rendered":"Major Economic Events To Watch For This Week In Crypto: Best Crypto To Buy During The Dip?"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">The crypto market has entered February 2025 with turbulence and sharp sell-off. What are the major economic events that influenced this?<\/span><\/p>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/www.bbc.com\/news\/articles\/c70kn4676p4o\" target=\"_blank\" rel=\"nofollow\">US President Donald Trump\u2019s tariffs<\/a>, geopolitical tensions, and the upcoming data releases \u2013 are all set to shape market sentiment further.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The week began with Trumps\u2019 announcement of hefty tariffs on Canada, Mexico and China. Canada has retaliated already, sparking fears of a global trade wars.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\"><a href=\"http:\/\/%5Bcoin-widget%20coin_id=%E2%80%9Cbtc-bitcoin%E2%80%9D%5D\/\" target=\"_blank\" rel=\"nofollow\">Bitcoin (BTC)<\/a>, which had recently crossed the $100,000 mark and reached $109k for the first time in January 2025, plunged nearly 7% to a three-week low of $91,500 during Monday\u2019s Asian trading session.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">This marks an 11% drop from its all-time high of $109,114.88 recorded just weeks earlier.<\/span><\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-hits-new-record-high-btc-rises-4-to-surge-past-109000\/\" rel=\"bookmark\">Bitcoin Hits New Record High! BTC Rises 6% To Surge Past $109,000<\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400\">Let\u2019s not forget the Altcoin bloodbath. Ethereum (ETH) fell below $2,500, erasing three months of gains, while XRP plummeted by 27% to $2.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Other major altcoins like Dogecoin, Cardano, Chainlink, and Avalanche saw declines exceeding 20%.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">My Altcoins are down 50% in last <br \/>2 months.<\/p>\n<p>Am i scared ? Yes and no <\/p>\n<p>Yes \u2013 because it\u2019s hard to see the <br \/>wealth getting slaughtered <\/p>\n<p>No \u2013 because I know this is the exact<br \/>negative sentiment which happens<br \/>before the Epic Altseason starts.<\/p>\n<p>\u2014 Ash Crypto (@Ashcryptoreal) <a href=\"https:\/\/twitter.com\/Ashcryptoreal\/status\/1886083808103113077?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><strong>Let\u2019s Look At Key Economic Data Releases To Watch Out For\u00a0<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">This week is packed with critical economic events that could further sway market sentiment:<\/span><\/p>\n<p><span style=\"font-weight: 400\">Monday, 3 February 2025, the US Labor Market Data \u2013 the ISM Manufacturing PMI report provides insights into the health of the US manufacturing sector.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Organization of Petroleum Exporting Countries (OPEC) also convenes today. It will discuss production strategies amid fluctuating oil prices. Any decisions impacting energy markets could indirectly influence crypto as an alternative investment.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Tuesday, 4 February 2025 \u2013 JOLTS Job Openings report, followed by Non-Farm Payrolls (NFP) report later this week are expected to shed light on employment trends. The unemployment rate is projected to tick up slightly to 4.2%, reflecting early signs of weaker government hiring.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Thursday, 6 February 2025 \u2013 The Bank of England is expected to cut interest rates by 25 basis points amid persistent inflation concerns in the UK.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Approximately 20% of S&amp;P 500 companies are set to release earnings this week, including tech giants Alphabet (Google), Amazon, and AMD.\u00a0<\/span><\/p>\n<h2 id=\"best-crypto-to-buy-during-the-crypto-dip-mind-crushes-4-7m-raised\"><strong>Best Crypto to Buy During The Crypto Dip?<\/strong><\/h2>\n<p>The question on everyone\u2019s minds is which crypto will boom in 2025.<\/p>\n<p>$MIND introduces an interesting concept by blending AI technology with the fun of meme coins. DeepSeek AI shows how AI can be more accessible.\u00a0<a href=\"https:\/\/99bitcoins.com\/goto\/mindofpepe\" target=\"_blank\" rel=\"nofollow noopener\"><b>$MIND\u2019s AI agent\u00a0<\/b><\/a>could offer unique insights into market trends, adding a utility layer to the meme coin space.<\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/why-is-crypto-down-today-best-crypto-to-buy-which-crypto-will-boom-in-2025\/\" rel=\"bookmark\">Why is Crypto Down Today? Best Crypto to Buy? Which Crypto Will Boom in 2025?<\/a><\/strong><\/p>\n<p>DeepSeek AI demonstrates the potential for cost-effective AI solutions, $MIND\u2019s approach to using AI for market analysis might resonate with investors looking for something beyond just hype. Its presale success indicates interest, but it\u2019s the AI component that could set it apart.<\/p>\n<p>With DeepSeek AI\u2019s hype, $MIND\u2019s use of AI in the meme coin sector is worth watching. It\u2019s not just about the meme but about the intelligence behind it. After all, $MIND is the world\u2019s first truly self-sovereign crypto AI agent.<\/p>\n<p>$MIND offers staking with a current APY of 468%, a 4.5x gain in a year. It is currently priced at $0.00324 before the token burns after launch. The token burn suggests a strategy to increase value over time, especially with more than $4.7 million raised.<\/p>\n<p>Go to the\u00a0<a href=\"https:\/\/99bitcoins.com\/goto\/mindofpepe\" target=\"_blank\" rel=\"nofollow noopener\"><b>MIND of Pepe website<\/b><\/a>\u00a0, connect your wallet, and purchase MIND using ETH or USDT, or even your bank card.<\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/major-economic-events-to-watch-for-this-week-in-crypto-best-crypto-to-buy-during-the-dip\/\">Major Economic Events To Watch For This Week In Crypto: Best Crypto To Buy During The Dip?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market has entered February 2025 with turbulence and sharp sell-off. What are the major economic events that influenced this? US President Donald Trump\u2019s tariffs, geopolitical tensions, and the upcoming data releases \u2013 are all set to shape market sentiment further.\u00a0 The week began with Trumps\u2019 announcement of hefty tariffs on Canada, Mexico and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11031","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11031"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11031\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}