{"id":77255,"date":"2026-03-23T06:03:16","date_gmt":"2026-03-23T06:03:16","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=77255"},"modified":"2026-03-23T06:03:16","modified_gmt":"2026-03-23T06:03:16","slug":"4-things-that-may-move-bitcoin-and-crypto-markets-this-week","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=77255","title":{"rendered":"4 Things That May Move Bitcoin and Crypto Markets This Week"},"content":{"rendered":"<div>\n<p>Crypto markets are back in the red this Monday morning in Asia as fear, uncertainty, and doubt return to the space.<\/p>\n<p>Additionally, US stock market futures have fallen at the open as markets react to President Trump\u2019s \u201c48-hour deadline\u201d for Iran to open the Strait of Hormuz.<\/p>\n<p>The week ahead includes key inflation and labor market data releases, and there is now discussion of potential interest rate increases amid the threat of higher inflation stemming from the oil crisis and fuel shortages.<\/p>\n<p>WTI crude had fallen back below $100 at the time of writing, but Brent crude was still around $112 per barrel.<\/p>\n<h2>Economic Events March 23 to 27<\/h2>\n<p>The purchasing managers\u2019 survey (PMI) for March is out on Wednesday, providing a key gauge of how the ongoing war has impacted sentiment and business activity.<\/p>\n<blockquote>\n<p>\u201cThis is significant because it\u2019s one of the first economic indicators we\u2019ll get that cover the period since the conflict began,\u201d Deutsche Bank economists <a href=\"https:\/\/www.msn.com\/en-us\/money\/markets\/week-ahead-for-fx-bonds-pmi-data-to-show-middle-east-war-s-impact-on-sentiment\/ar-AA1Z4twG\">said<\/a> in a note, according to the WSJ.<\/p>\n<\/blockquote>\n<p>Thursday will see the initial jobless claims report, a key indicator of labor market health and one of the Federal Reserve\u2019s two primary mandates for policy decisions.<\/p>\n<blockquote>\n<p>\u201cHence why we still feel the Fed is more likely to cut than hike rates,\u201d ING economist James Knightley wrote in a note.<\/p>\n<\/blockquote>\n<p>Friday brings the March MI Consumer Sentiment and Inflation Expectations reports, which shed more light on general economic conditions.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Key Events This Week:<\/p>\n<p>1. Markets React to Trump\u2019s \u201c48 Hour Warning\u201d to Iran \u2013 Today 6 PM ET<\/p>\n<p>2. March S&amp;P Global Services PMI data \u2013 Tuesday<\/p>\n<p>3. US Crude Oil Inventory data \u2013 Wednesday<\/p>\n<p>4. Initial Jobless Claims data \u2013 Thursday<\/p>\n<p>5. March MI Consumer Sentiment data \u2013 Friday<\/p>\n<p>6.\u2026<\/p>\n<p>\u2014 The Kobeissi Letter (@KobeissiLetter) <a href=\"https:\/\/twitter.com\/KobeissiLetter\/status\/2035721258831147015?ref_src=twsrc%5Etfw\">March 22, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Consumers are likely to be hit the hardest by rising oil prices, Ryan Sweet, chief global economist at Oxford Economics, <a href=\"https:\/\/www.msn.com\/en-us\/money\/general\/analysts-warn-oil-prices-could-keep-climbing-as-iran-war-intensifies\/ar-AA1Z0DWC\">told<\/a> CBS News over the weekend.<\/p>\n<p>\u201cTo kind of put it into context, every penny increase in gasoline prices reduces consumer spending by one and a half billion dollars over the course of a year,\u201d he said.<\/p>\n<p>Inflationary pressures and tightening wallets are generally bearish for high-risk assets such as crypto.<\/p>\n<h2>Crypto Markets Retreat<\/h2>\n<p>This can be seen in the ongoing bear market, with most digital assets wiping out gains from last week\u2019s rally over the weekend.<\/p>\n<p>Total capitalization is down 1.3% on the day to $2.42 trillion at the time of writing during Monday morning trading in Asia.<\/p>\n<p>Bitcoin <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-tanked-to-68k-as-trump-threatened-to-obliterate-irans-power-plants\/\">fell<\/a> back below $68,000 on Sunday but had recovered to just above it by Monday morning. However, increasing economic pressure is likely to send it further downwards.<\/p>\n<p>Ether prices are equally weak, with the asset falling to $2,033 before a minor recovery. ETH is unlikely to remain above $2,000 this week.<\/p>\n<p>The altcoins are all in the red again, with larger losses for XRP, Cardano, Hyperliquid, and Stellar.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/4-things-that-may-move-bitcoin-and-crypto-markets-this-week\/\">4 Things That May Move Bitcoin and Crypto Markets This Week<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto markets are back in the red this Monday morning in Asia as fear, uncertainty, and doubt return to the space. Additionally, US stock market futures have fallen at the open as markets react to President Trump\u2019s \u201c48-hour deadline\u201d for Iran to open the Strait of Hormuz. The week ahead includes key inflation and labor [&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-77255","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\/77255","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=77255"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/77255\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}