The data you've provided highlights several key events in September that could significantly impact the struggling cryptocurrency market. Here's an expanded breakdown of what to watch for:

1. September 10: Trump-Harris Debate

Impact on Crypto: Both Donald Trump and Kamala Harris have recently expressed more interest in cryptocurrencies, with Trump showing a generally positive stance and Harris having connections with key industry figures. The debate could introduce new policies, regulations, or attitudes that shape the crypto market's future in the U.S. Investors should watch for any mentions of crypto policy during this debate, as it could lead to short-term market movements, either increasing volatility or creating stability.

2. September 11: U.S. Consumer Price Index (CPI) Report

Impact on Crypto and Traditional Markets: The CPI measures inflation and can influence the Federal Reserve’s interest rate decisions. A higher-than-expected CPI would likely increase pressure on the Federal Reserve to raise interest rates, which could negatively affect both traditional markets and the crypto sector. Cryptocurrencies, which tend to behave like risk assets, might experience sell-offs if inflation rises more than expected. If core inflation (excluding volatile items like food and energy) continues to rise, this may trigger bearish sentiment in the crypto market.

3. September 12: U.S. Producer Price Index (PPI) & Initial Jobless Claims

PPI Impact: The PPI measures inflation at the wholesale level. A lower-than-expected PPI would signal easing inflation pressures, which could be positive for risk assets like crypto, as it may reduce the likelihood of aggressive rate hikes by the Federal Reserve.

Jobless Claims Impact: A strong labor market, indicated by a drop in jobless claims, generally suggests a healthy economy. However, it could also lead to concerns about rising wages and sustained inflation, which would once again put pressure on the Federal Reserve to consider rate hikes. A drop in claims below expectations could cause short-term market volatility.

4. Macro Events Influence on Crypto Market:

Interest Rate Sensitivity: Cryptocurrencies are sensitive to changes in interest rates. Higher interest rates generally make traditional assets more attractive compared to speculative assets like cryptocurrencies, which could further weigh on crypto prices.

Regulatory Focus: The debate and economic data could signal potential regulatory changes. A more supportive regulatory environment could help reverse the recent downturn in the crypto market, while heightened regulation or government skepticism could hurt growth prospects.

Additional Insights:

Investors’ Sentiment: These events could either alleviate concerns or exacerbate the ongoing struggles within the crypto market. If the debate and economic reports lead to expectations of tighter monetary policy, this could continue to place downward pressure on crypto prices. However, a more positive regulatory outlook or easing inflation could provide a boost