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๐Ÿ‡บ๐Ÿ‡ธ US Economic Data This Week: - CPI Inflation (Tuesday) - PPI Inflation (Wednesday) - Retail Sales (Wednesday) - New York Fed Manufacturing Index (Wednesday) - Unemployment Claims (Thursday) - Philadelphia Fed Manufacturing Index (Thursday) - Building Permits (Thursday) - Housing Starts (Thursday) - Industrial Production (Thursday)

๐Ÿ‡บ๐Ÿ‡ธ US Economic Data This Week:

- CPI Inflation (Tuesday)

- PPI Inflation (Wednesday)

- Retail Sales (Wednesday)

- New York Fed Manufacturing Index (Wednesday)

- Unemployment Claims (Thursday)

- Philadelphia Fed Manufacturing Index (Thursday)

- Building Permits (Thursday)

- Housing Starts (Thursday)

- Industrial Production (Thursday)

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Sentiment Sentiment has significantly declined for $XRP , $DOGE , and $SHIB Inu following their price drops. Patient traders waiting for the crowd to abandon these large-cap altcoins may finally have an opportunity to buy them at 2024 lows amidst reduced FOMO.
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Morning news from CrypticNews Hub: 1. Founder of Whales Market: GM will be a community-oriented AI coin; 2. Chiliz: Dragon8 hard fork has been launched, introducing a new token economic model; 3. io net: Start of the third quarter for the Ignition reward program is scheduled for July 1; 4. Tether will launch aUSDT, a dollar stablecoin backed by excess reserves of Tether Gold; 5. Head of the SEC's crypto assets and networks division has resigned; 6. Scroll announced the launch of the Curie network update on Sepolia, featuring support for EIP-1559 and other functionalities; 7. azuro: AZUR tokens will be launched this week, with the TGE providing 15.2% of the circulating supply; 8. Gitcoin: GG22 is planned for late October; 9. Ternoa is launching an Ethereum solution for ecological privacy L2 zkEVM+ testnet; 10. Coinbase International and Coinbase Advanced will launch the Pre-Launch market; 11. JPMorgan Chase doubts the sustainability of a $12 billion cryptocurrency inflow; 12. Insider: Lens Protocol aims to raise $50 million at a $500 million valuation; 13. LayerZero introduces the Roles system to reward community members, developers, and content creators; 14. Ethena Labs, Symbiotic, and LayerZero are piloting universal re-staking; 15. Nostra has launched NSTR tokens and opened an application page for participation in the airdrop; 16. Aggregate transaction volume of Bitcoin Rune has exceeded 2,500 #BTC , amounting to over $160 million.
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U.S. stock futures rose on Tuesday following another winning day on Wall Street, as investors eagerly awaited U.S. retail sales data for May. During regular trading on Monday, the S&P 500 and Nasdaq Composite indices increased by 0.77% and 0.95%, respectively, with both benchmarks reaching new record highs. The Dow also rose by 0.49%. The rally was largely fueled by significant gains in technology stocks, despite rising Treasury yields. Traders closely monitored the upcoming retail sales data and a series of speeches from Federal Reserve officials to gain insights into the potential timing of the first interest rate cut. This week will also see the release of S&P Global PMI indices and industrial production data. Leading the growth were large-cap tech companies: Tesla (5.3%), Apple (2%), and Broadcom (5.4%). Meanwhile, Nvidia shares lost 0.7% after State Street stated that the company's weight would likely exceed 20% during the rebalancing of its technology ETF.
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