Cryptocurrency Markets Anticipate Fluctuations in Preparation for a Significant Week of Economic Reports

Bitcoin experienced a significant slump on Sunday, dropping momentarily below $88,000. This comes as large amounts of economic data related to the government shutdown have begun to surface. Major cryptocurrency firms recently gained conditional approval to become national trust banks, yet this did not prevent the market from falling. The week ahead is packed with pivotal economic events including the release of October retail sales data and November jobs report on Tuesday, and November's Consumer Price Index (CPI) inflation data on Thursday. Other key indicators such as the Manufacturing and Services PMI, Philadelphia Fed Manufacturing Index, and the Core PCE Price Index will also be released this week. These reports will significantly impact market expectations and Federal Reserve policy assumptions for 2026.