👉 This week is packed with important economic updates that could shake the crypto market.🚨
On February 10th, attention will turn to the White House, where officials are scheduled to discuss the Crypto Market Structure Bill. This meeting could bring new clarity on how digital assets will be regulated in the United States. Any strong signals from policymakers are likely to influence investor confidence.
The next day, February 11th, the latest U.S. unemployment rate figures will be released. Employment data is always a key indicator of economic strength, and it often affects risk assets like Bitcoin and altcoins.
On February 12th, the market will focus on initial jobless claims. Rising claims could signal economic weakness, while lower numbers might support a more positive outlook for financial markets.
Then on February 13th, one of the biggest reports of the week arrives. The U.S. Consumer Price Index and Core CPI data will be published. These inflation numbers are closely watched because they play a major role in shaping Federal Reserve policy. Higher inflation could increase pressure for tighter monetary decisions, while cooler data might encourage a more flexible approach.
Along with discussions around the Clarity Act and broader regulatory developments, these economic events have the potential to create strong volatility across crypto markets.
Traders should stay alert. This week could set the tone for the next major move in digital assets.$BNB
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