Two Economic Reports Could Influence Crypto Markets This Week
Crypto Market Recovery: Crypto markets have regained the $3 trillion market cap, with Bitcoin stabilizing above $88,000 and Ether holding around $3,000, showing resilience after recent fluctuations.
Limited Volatility Expected: The upcoming week is anticipated to have subdued trading activity due to the Christmas holiday, with key economic reports like the PCE inflation data and Q3 GDP report scheduled for release.
Economic Data Releases: Important economic indicators, including October's PCE inflation, Q3 GDP, and consumer confidence data, will be released this week, which may influence market sentiment.
Central Bank Influence: Future market movements may be guided by comments from global central banks regarding their policy direction for 2026, as noted by market analysts.
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