"๐Crypto markets are chillin' at $2.54T, but don't snooze yet! ๐ค
๐๏ธThis week's key events:
- Retail sales data (Tuesday) ๐๏ธ
- Stock Market closed (Wednesday) ๐
- S&P US Manufacturing/Services PMI data (Friday) ๐ญ
๐These reports could hint at the economy's direction. If disinflation and price pressures normalize, we might see rate-cut expectations move up. Good news for altcoins, right? ๐ฐ
๐ฆThe Fed's projecting just one rate cut this year, though. So, altseason might be a bit further off.
๐Bitcoin's under $66K, Ethereum's below $3.5K. More red than green for altcoins, but hey, it's all part of the game. ๐ฒ
๐What's your take on this? Let's chat! #CryptoTalk #DeFi"
Note: This article is relevant.