Following the volatility experienced by Bitcoin (BTC) and altcoins in the cryptocurrency market last week, investors are now focused on the critical economic data to be released this week.
While discussions about security and liquidity continue in the cryptocurrency markets following the multi-billion dollar attack on Binance, inflation data from the US is expected to influence expectations regarding the Fed’s monetary policy.
This week, key data releases will include the US Consumer Price Index (CPI) and Producer Price Index (PPI), while the Turkish Central Bank’s (TCMB) final Inflation Report of the year and Eurozone growth data will also be closely watched.