Cryptocurrency: 3 Economic Events You Should Watch This Week

The cryptocurrency marketplace has faced 1 of its astir important terms crashes successful caller years. The planetary crypto marketplace headdress has fallen 10.6% to $2.5 trillion. The fig had precocious surpassed the $3 trillion mark.

Also Read: Asian Stock Market Crash: India, China, Japan, Singapore & Thailand Bleed

Stocks And Cryptocurrencies Crash Amid Tariff Wars

Source: Hans Lucas / AFP via Getty Images

Global markets are experiencing a bloodbath. The clang comes amid President Trump’s tariffs which person shaken planetary markets. Major economies person registered monolithic losses today. China has announced reciprocal tariffs connected the US, further deepening the commercialized war. Investor sentiment has taken a large deed implicit the past fewer months. Both banal and cryptocurrency markets person experienced monolithic sell-offs.

Also Read: XRP vs Solana: 76% vs 11% Growth Potential – Which Crypto Wins successful 2025?

Taiwan halted trading aft facing a circuit break. Japan halted Nikkei 225 banal futures trading aft facing a akin situation. China has faced its worst single-day clang since 2008. Singapore besides suffered its worst clang successful implicit 16 years. Cryptocurrencies whitethorn travel the aforesaid inclination arsenic well.

Top 3 Economic Events That Could Impact The Cryptocurrency Market

1. Federal Open Market Committee (FOMC) Minutes

Source: Business2Community

The minutes of the March FOMC gathering volition beryllium released connected Wednesday. Investors volition apt look for cues connected the Fed’s adjacent move. There is simply a batch of speech astir the Fed cutting involvement rates successful its adjacent meeting. The determination could pb to a surge successful cryptocurrency investments.

2. Initial Jobless Claims

Source: AFP

The Initial Jobless Claims volition beryllium retired connected Thursday. The information volition springiness cryptocurrency investors insights into the labour market. The figures could assistance investors navigate the ongoing marketplace crash.

3. Inflation Data

Source: Forbes

Also Read: JPMorgan CEO Jamie Dimon Warns: Trump’s Tariffs Could Fuel Inflation & Slow Growth

The US ostentation information volition beryllium released connected Thursday arsenic well. The information could springiness cryptocurrency investors an thought astir the Fed’s adjacent move. A precocious CPI speechmaking could pb to the Fed holding oregon expanding its involvement rate.