Will Crypto Markets Climb or Fall on This Week’s Big US Economic Data?
==========
A busy week lies ahead on the U.S. economic calendar as the second quarter kicks off with key jobs reports and Federal Reserve speeches. On April 1, the macroeconomics outlet Kobeissi Letter released the key events for this week’s busy economic calendar in the United States. Monday, April 1, will see the release of March’s ISM Manufacturing PMI. A similar ISM Services PMI report will be released on Wednesday. Friday will see key job reports that reveal the number of new jobs created during the previous month and the percentage of people actively seeking employment for the period. Market participants will be looking to Fed Chair Jerome Powell for any indication during his speech on Wednesday. There will be sixteen Fed speeches during the week that will be eyed for potential policy shifts. Crypto market capitalization was down 1% on the day to $2.76 trillion during the Monday morning Asian trading session. Bitcoin briefly topped $71,000 in late trading on Sunday before being pushed down to under $69,000. Ethereum had a similar weekend and now stands at $3,550. The altcoins were generally in the green this Monday morning, with better gains from Solana, , Toncoin, and Bitcoin Cash.
#CryptoMarkets #UsEconomicData #JobsReports #FederalReserve #IsmManufacturingPmi #IsmServicesPmi #JeromePowell #FedSpeeches #Bitcoin #Ethereum #Altcoins
https://cryptopotato.com/will-crypto-markets-climb-or-fall-on-this-weeks-big-us-economic-data/
CryptoPotato /
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2024-04-01 08:20:35
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2024-04-01 08:20:35Event JSON
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"content": "Will Crypto Markets Climb or Fall on This Week’s Big US Economic Data?\n==========\n\nA busy week lies ahead on the U.S. economic calendar as the second quarter kicks off with key jobs reports and Federal Reserve speeches. On April 1, the macroeconomics outlet Kobeissi Letter released the key events for this week’s busy economic calendar in the United States. Monday, April 1, will see the release of March’s ISM Manufacturing PMI. A similar ISM Services PMI report will be released on Wednesday. Friday will see key job reports that reveal the number of new jobs created during the previous month and the percentage of people actively seeking employment for the period. Market participants will be looking to Fed Chair Jerome Powell for any indication during his speech on Wednesday. There will be sixteen Fed speeches during the week that will be eyed for potential policy shifts. Crypto market capitalization was down 1% on the day to $2.76 trillion during the Monday morning Asian trading session. Bitcoin briefly topped $71,000 in late trading on Sunday before being pushed down to under $69,000. Ethereum had a similar weekend and now stands at $3,550. The altcoins were generally in the green this Monday morning, with better gains from Solana, , Toncoin, and Bitcoin Cash.\n\n#CryptoMarkets #UsEconomicData #JobsReports #FederalReserve #IsmManufacturingPmi #IsmServicesPmi #JeromePowell #FedSpeeches #Bitcoin #Ethereum #Altcoins\n\nhttps://cryptopotato.com/will-crypto-markets-climb-or-fall-on-this-weeks-big-us-economic-data/",
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