Top 3 Factors Driving Crypto Markets This Week

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A busy week lies ahead on the US economic calendar, with all eyes on key inflation reports as crypto markets continue to decline.

Crypto markets are back in the green on Monday morning following a weekend of losses that sent them to their lowest point in this bear market cycle.

The week ahead could accelerate those losses as inflationary pressures are expected to continue with no deal in sight between the US and Iran.

“We expect another volatile week ahead after Friday’s sharp drop in AI stocks,” said the Kobeissi Letter.

The latest from the war situation is President Trump saying that Israeli Prime Minister Netanyahu will have “no choice” but to accept a US deal with Iran, because he “calls the shots.”

The missile strikes from the US, Israel, and Iran continued over the weekend, and oil prices are climbing higher again.

May’s existing home sales data is due on Tuesday, but all eyes will be on Wednesday’s CPI inflation report.

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