Two major news items that will affect the market this week
1. The Federal Reserve will hold a monetary policy meeting and announce interest rate decisions on May 2, 2024
2. The seasonally adjusted non-farm payrolls in the United States for April on May 3, 2024
The worrying inflation data for three consecutive months shows that the Fed's pace towards the 2% target has almost stagnated. Whether the cryptocurrency circle can reverse the trend depends on this week.