The main cryptographic events ready to shape the market feeling this week
The cryptocurrency market is preparing for a fundamental week, since the key macroeconomic indicators and the decisions of the central bank cross with the growing bullish impulse in digital assets. Market capitalization has increased to an impressive $ 3.96 billion, marking an increase of 1.43% in the last 24 hours. Meanwhile, commercial volumes have triggered dramatically, increasing 25.55% to reach $ 150.71 billion, indicating a greater activity of investors and growing confidence in all areas.
The feeling of investors remains high, with the cryptographic fear and greed index that remains stable at age 67, a firm indication of “greed” in the market. These figures reflect a risk attitude, particularly in the light of the anticipated ads of the United States Federal Reserve, GDP data and employment reports, all of which are expected to influence assets prices, both in traditional markets and in cryptographic space.
Bitcoin and Ethereum lead the rally
Bitcoin (BTC), the Bellwether cryptocurrency, has increased to $ 119,500, a 2% gain in 24 hours, which reinforces its dominant domain of 60% in the market. Ethereum (ETH) has also impressed investors, publishing a gain of 3.84% to operate at $ 3,944, capturing a market share of 11%. The profits reflect renewed confidence among institutional and retail investors alike, especially as clarity arises in several important economic data points expected this week.
According to analysts, these price movements indicate that market participants are positioning themselves for greater activity, before decisions that could reinforce or cushion financial markets worldwide.
The Federal Reserve decision is great
The Care Center this week is directly in the United States Federal Reserve, since the Federal Open Market Committee (FOMC) is scheduled to conclude its two -day policy meeting on July 30. Economists and investors overwhelmingly expect the Central Bank to maintain its reference interest rate within the range of 4.25% to 4.5%. The consensus opinion is that the Fed will refrain from reducing rates for now, opting in its place to observe more economic data before making any definitive movement.
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Despite the political pressure, including the criticisms of former President Donald Trump, the president of the Federal Reserve, Jerome Powell, is expected to have a cautious tone. The backdrop of this is a growing scrutiny about a renewal plan of $ 2.5 billion for the Fed headquarters, a project that has extracted the anger of some legislators and political figures.
Michael Gapen, US chief economist in Morgan Stanley, believes that the Fed expects any immediate action. “Persistent inflation above the 2%target, along with the first signs of softening in the labor market, gives the fed reason to wait. They want to make sure they do not correct excessively,” he said.
Estimation of GDP established to guide investors expectations
All eyes will also be in the Office of Economic Analysis of the United States, since it releases the early estimate of the Gross Domestic Product (GDP) of the second quarter on July 31. Market projections anticipate an annualized growth rate of 2.4%, a rebound of 0.5% contraction recorded in the first quarter of the year.
However, the perspective remains mixed. It is forecast that consumer spending will increase by only 1.5%, and slow business investment is expected to put a drag on general growth. The real estate market continues to have a lower yield due to high mortgage rates and limited inventory, with an even more weight of the economic impulse.
For the cryptographic market, a strong GDP reading could reinforce the current upward trend by pointing out economic stability, which in turn can encourage more institutional capital to flow towards digital assets. Analysts suggest that if macroeconomic conditions continue to stabilize, confidence in Bitcoin, Ethereum and other cryptocurrencies will probably be deepened.
Non -agricultural payroll data can change feeling
Completing the week, the Julio Non -Agricultural Payroll Report, scheduled for publication on August 1, could be a critical moment for investors. In June, the US economy added 147,000 jobs, which raised the unemployment rate to 4.1%. However, expectations for July are more subjected, and many economists project a modest increase in 4.2%unemployment.
Salary growth is also expected to remain soft, with an annual increase of 3.7%. While such figures may seem initially negative, they could increase the probability of a rate cut at the end of this year, since the Federal Reserve tries to navigate a delicate balance between stopping inflation and support for employment.
If the labor market shows signs of deterioration, investors can interpret this as a signal for the Fed to act faster to loosen monetary policy. This scenario would probably reinforce risk assets, including cryptocurrencies, which tend to benefit from lower interest rates and more loose monetary conditions.
Global cryptographic moment continues to build
Beyond the economic indicators of the United States, global factors are also playing a role in the resurgence of cryptocurrency. Several countries are advancing towards regulatory clarity, while others are exploring digital currencies of the Central Bank (CBDC) and block chain integration into traditional finance. These developments have helped reinforce the perception of cryptography as a class viable asset class.
Institutional adoption also shows acceleration signs. Coverage funds, asset administrators and even pension funds are increasingly assigning cryptography, promoted by the promise of high yields and portfolio diversification. According to Coinshares data, ticket products tickets of digital assets have exceeded $ 1.5 billion alone in the last month.
Next week: a critical situation for crypto
In summary, this week it represents a confluence of key events that could collectively remodel the market panorama. From the interest rate decisions to the indicators of economic growth and employment data, the impact on traditional and digital assets is expected to be significant.
Market participants would do well to monitor macroeconomic trends closely, while considering the underlying strength of Blockchain technology and the growing wave of institutional acceptance. If these forces are aligned to keep the rally in progress, or the beginning of a correction, they come to see.
Even so, with Crypto market capitalization approaches $ 4 billion and the feeling of investors firmly in the “greed” area, the scenario is ready for a potentially transformative week in financial markets.
Writer
@Ellena
Ellena is an experienced cryptographic writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides information about the latest trends and innovations in the currency space.
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