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Events that could move Bitcoin and crypto markets this week – TON BOT

TON BOT

Events that could move Bitcoin and crypto markets this week

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Bitcoin was trading near $62,800 on Monday as investors geared up for a week of economic releases and geopolitical news. The cryptocurrency faced inflation data, Iran tensions, retail reports, and major bank earnings. Oil prices and rate expectations could determine if Bitcoin holds $60,000 or retests resistance. ETF inflows supported Bitcoin, but traders awaited a confirmed breakout above $65,000. The U.S.-Iran conflict and inflation data were key factors influencing Bitcoin’s performance. Higher oil prices could impact inflation expectations and demand for risk assets like Bitcoin. The upcoming CPI and PPI reports could reset rate expectations, while retail sales and consumer sentiment data would test consumer strength. Bank earnings and ETF flows could also steer Bitcoin’s performance.

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