Market Update

Bitcoin and Altcoins have been set for the huge week: 5 events to see

Bitcoin and Altcoins enter a pivotal week of trading as they face many total stimuli this week, with inflation data, federal reserve certificate, and commercial policy ads by US President Donald Trump.

#1 bitcoin and altcoins awaiting CPI (Wednesday)

The first main worker arrives on Wednesday, 12 February, 2025, at 8:30 am EST (13:30 World time), when the consumer price index (CPI) is released for January. Analysts expect the main consumer price index to slip by 0.3 % on a monthly basis and 2.9 % on an annual basis, while Core Core CPI is expected to appear with the exception of flying groups a monthly increase of 0.2 % and an annual increase of 3.2 %.

The goal of inflation in the federal reserve remains 2 %, which means that these numbers, especially the basic rate of 3.2 %, can enhance the argument that more policy tightening rates or higher rates are needed. Shelter costs are expected to increase by 0.3 % from December, and have been translated into 4.6 % compared to January 2024, and energy prices are expected to increase by 2.6 % in January alone, with a 4.4 % jump in gasoline as a prominent shareholder.

It is expected that the prices of services, with the exception of rents, will increase by 4 % on an annual basis, which represents the slowest pace within about a year, however it is still much higher than The long -term comfort level of the Central Bank. Any significant deviation from these expectations can lead to increased fluctuations, as it often translates the most powerful from the expected inflation into higher bond returns and reduces the appetite of risk, a scenario that can weigh Bitcoin and Altcoins.

#2 ppi (Thursday)

Thursday, February 13, 2025, another round of inflation data at the same time brings 8:30 am EST, this time in the form of the product price index (PPI) for January. Expectations focus on a monthly gain of 0.2 % for PPI address, with a 1.8 % increase on an annual basis, while you are expected to read the basic reading, which excludes food, energy and commercial services by 0.1 % from December and 2.1 % over the same month last year .

Within the address data, the final demand commodities are expected to jump by 0.6 % due to a monthly increase of 4.5 % in energy prices, driven by 5.8 % in gasoline. Food prices are expected to decrease by 0.2 % from December, hinting to a short rest period after previous fluctuations.

Any emerging surprise in the product price index numbers, especially if the basic reading exceeds expectations, can enhance the opinion that inflation adheres to high levels and may persuade the federal reserve to maintain interest rates in restrictions for a longer period than the market prefers. Since PPI measures changes in prices in the production stage, traders often explain its directions as an early indicator of inflation at the level of consumer in the future, which in turn can have a meaningful effect on the feelings of encryption.

#3 Jerome Powell witnesses (Tuesday and Wednesday)

the Federal Reserve It will be itself an introduction and in the middle of Tuesday, February 11 and Wednesday, February 12, when the Chairman of the Board of Directors Jerome Powell applies a certificate to Congress committees. Many market participants expect to maintain the cautious tone he expects at the FOMC meeting in January, although analysts at Deutsche Bank have noticed that “it is likely to adhere to the FOMC text in January, but it seems that the market always gets something new from this Persons, which include many questions and answers in Congress.

Any hint of the axis of politics or temporary stretching can be supportive of Bitcoin and encrypted currencies, which tend to extract power from monetary conditions more flexible. On the contrary, if Powell strikes a more honest position, focusing on the importance of inflation in taming even at the risk of slower growth, there can be a sale pressure in Bitcoin and Qu9.

#4 Trump’s tariff (Monday)

On Monday, the markets will analyze US President Donald Trump’s recent plan to shift from a broad tariff to “mutual tariff”, a policy that includes matching the duties imposed by other countries on American goods. Trump’s tariff was very aggressive, with a 25 % tariff imposed on Canada and Mexico, and a 10 % tariff on Chinese imports.

This customs tariff continues to raise concerns about inflation, as it can translate the high costs of import to high prices locally and reduce the Federal Reserve’s ability to reduce interest rates. every time Definitions were presented or disturbedBitcoin and encryption prices tend to decrease, as investors indicate high risk of inflation and the possibility of more strict monetary policy as reasons for recycling away from encryption and less volatile assets.

#5 Coinbase Reservies Call (Thursday)

To register a crowded week, Coinbase Its profits will be issued in the fourth and year 2024 on Thursday, February 13, 2025, at 5:30 pm Each time. The results of the company Q3 2024 missed revenues and profits, so the investor’s renewable confidence may stop on Coinbase, providing an upward surprise in transactions revenue, subscription income and services.

During the second quarter of 2024, Bitcoin and Ethereum enjoyed strong gatherings, jumped by 48 % and 28 %, respectively, which is partly attributed to Trump’s presidential victory and accompanying hopes in the most suitable encryption regulations. These price often stimulates high retail trade activity, a dynamic that historically enhances Coinbase fee -based revenue.

At the time of the press, BTC was traded at $ 97770.

Bitcoin price, graph for 4 hours source: BTCUSDT on Tradingview.com

Distinctive image created with Dall.e, Chart from TradingView.com

https://bitcoinist.com/wp-content/uploads/2024/02/DALLĀ·E-2024-02-26-11.17.52-Create-an-image-featuring-a-pair-of-binoculars-in-the-foreground-with-a-background-consisting-of-various-cryptocurrency-coins-such-as-Bitcoin-Ethere.jpg

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