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Macro data this week may dominate the cryptocurrency market trend, with PCE, initial jobless claims, and housing market data serving as key Fed rate cut watching points.
  • HUMA0%
  • EIGEN0%
  • GRASS0%

BlockBeats News, May 25th. This week, the cryptocurrency market will focus on U.S. macroeconomic data, including PCE inflation, initial jobless claims, home prices, new home sales, and other indicators to assess whether the Fed has room to cut interest rates. Currently, both the market forecast and CME FedWatch show a high probability that the Fed will keep interest rates unchanged in June.

The market is also closely monitoring the Middle East situation and oil price fluctuations. If energy prices continue to rise, it may exacerbate inflationary pressure and dampen the performance of risk assets.

Furthermore, this week will also see multiple DAO governance votes and token unlocking events, including projects such as EIGEN, HUMA, and GRASS.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

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