BIG WEEK FOR CRYPTO HOLDERS
A lot of major events are hitting the markets at once, and this could cause a lot of volatility.
1) US-Iran negotiations
Today, Iran sent a new proposal to open the Strait of Hormuz and end the war.
President Trump is set to hold a meeting today to discuss negotiations.
Any signs of resuming US-Iran talks will be a good sign for the markets.
2) BOJ decision
On Tuesday, the BOJ will announce its interest rate decision.
The market expects a rate pause, so the forward guidance is the most important.
After the Hormuz blockade, inflation has started to move up in Japan.
Any signs of BOJ tightening in the future will cause sellers to front-run.
BTC
73,930.03
+0.29%