{"id":13426,"date":"2025-02-17T07:16:57","date_gmt":"2025-02-17T07:16:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13426"},"modified":"2025-02-17T07:16:57","modified_gmt":"2025-02-17T07:16:57","slug":"3-things-that-could-impact-crypto-markets-in-the-week-ahead","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13426","title":{"rendered":"3 Things That Could Impact Crypto Markets in the Week Ahead"},"content":{"rendered":"
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Monday is a holiday in the US for Presidents\u2019 Day, so traditional markets are closed. Crypto markets never close, but they are already showing signs of weakness as another week begins.<\/p>\n

There are several Federal Reserve speeches to look out for this week in addition to manufacturing and services purchasing manager\u2019s indexes.<\/p>\n

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\u201cInflation is officially at its highest in at least 8 months, and [stock] markets are nearing all-time highs,\u201d observed the Kobeissi Letter.<\/p>\n<\/blockquote>\n

Economic Events Feb. 17 to 21<\/h2>\n

Both CPI and PPI reports came in above projections last week<\/a>. The forward-looking producer-price index reflected the persistence of inflation, hinting at higher February CPI readings.<\/p>\n

There are some housing reports due out this week, but they have little bearing on high-risk assets such as crypto.<\/p>\n

The Federal Open Market Committee (FOMC) January meeting minutes will be aired on Wednesday, providing reasoning behind the central bank\u2019s decision to keep interest rates unchanged and potential insight into future rate cuts.<\/p>\n

Philadelphia Fed President Patrick Harker, San Francisco Fed President Mary Daly, Chicago Fed President Austan Goolsbee, and St. Louis Fed President Alberto Musalem will also deliver remarks this week.<\/p>\n

February\u2019s S&P Global Manufacturing PMI and Services PMI preliminary readings are due on Friday. These reports are leading indicators used to gain insights into changing economic conditions.<\/p>\n

January\u2019s Michigan Consumer Sentiment Index and Inflation Expectations are also due Friday, offering the results of a monthly survey of consumer confidence levels and views of long-term inflation<\/a> in the United States.<\/p>\n

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Key Events This Week:<\/p>\n

1. US Markets Closed \u2013 Monday<\/p>\n

2. January Housing Starts data \u2013 Wednesday<\/p>\n

3. Fed Meeting Minutes \u2013 Wednesday<\/p>\n

4. January Existing Home Sales data \u2013 Friday<\/p>\n

5. 10 Fed speaker events this week<\/p>\n

6. ~20% of S&P 500 companies report earnings<\/p>\n

Short but busy\u2026<\/p>\n

\u2014 The Kobeissi Letter (@KobeissiLetter) February 16, 2025<\/a><\/p>\n<\/blockquote>\n