5 Key Economic Events This Week That Could Make or Break the Crypto Bull Run
The post 5 Key Economic Events This Week That Could Make or Break the Crypto Bull Run appeared on BitcoinEthereumNews.com.
Crypto is buzzing with bullish energy as Trump drops one positive update after another. In just two days, he’s announced a ceasefire between India and Pakistan, a possible meeting between Zelensky and Putin, a fresh trade deal with China, and an upcoming executive order to slash drug prices. With global tensions cooling and markets loving the optimism, Bitcoin and the broader crypto space are riding the wave. Bitcoin soared to $104,900 over the weekend, just shy of its all-time high. Trump’s bullish moves have given new hope within the crypto community. Crypto eyes are locked on five key events this week that could decide whether the momentum continues or fizzles out. CPI Inflation Report – May 13 The U.S. Consumer Price Index (CPI) data for April will be released on Tuesday. This report is a major indicator of inflation. If inflation cools, the Federal Reserve may consider cutting interest rates, which would be bullish for Bitcoin and altcoins. But if inflation remains stubborn, rate hike fears could return and weigh on the market. According to Markus Thielen, founder of 10x Research, if the upcoming U.S. CPI report meets expectations, it could boost market confidence and push Bitcoin higher, unless new tariff worries resurface. SEC Roundtable Conference – May 13 Also on Tuesday, the SEC is holding a high-stakes meeting to explore how traditional finance (TradFi) can integrate with decentralized finance (DeFi). With Commissioner Hester Peirce and others participating, this roundtable could offer fresh clues on the regulatory direction for crypto assets. PPI Inflation Report – May 15 Thursday brings the Producer Price Index (PPI) report, another crucial inflation gauge that tracks wholesale prices. Like the CPI, this figure can influence how the Fed approaches interest rates, and by extension, affect crypto investor sentiment. Fed Chair Jerome Powell’s upcoming speech could…
Filed under: News - @ May 12, 2025 11:24 am