BTC maintains 92 thousand dollars and the December inflation report came within expectations. Altcoins are on the rise, albeit weakly. The critical 24 hours have begun and this week the calf’s tail will be cut off. With the arrival of the Supreme Court tariff decision, almost all of the important developments expected for January will be completed. It is almost certain that interest rates will be kept constant for the interest rate decision at the end of the month.
Cryptocurrencies Latest Status
Since Core Inflation came slightly below expectations BTC Even though it has increased slightly, last week’s employment report tells us that there will be no rush to cut interest rates. If the data were significantly below expectations, as in December, this could increase interest rate cut expectations.
Things got confusing again on the Japanese front. Although an interest rate increase is not expected soon, the yen weakened upon the news that Takaichi was planning an early election and investors began to take precautions against the risk of a more expansionary fiscal policy. The US dollar manages to remain calm, trading in a narrow range against G10 currencies. Trump’s announcement that he will impose new customs duties on goods coming from countries trading with Iran puts pressure on cryptocurrencies as it indicates that tensions with China may increase again.
ETHBTC Parity shows us the status of altcoins. Although the 0.032 level remained as support, the 0.04 level could not be tested for 125 days, and this weakness resulted in painful bottoms across altcoins.
XRP and SOL Coin Major altcoins such as have not yet been able to regain their significant levels. Ahead of the tariff decision, volumes are weak and investors remain in a “watch and see” mode.
Today’s Important Developments
The inflation report has already arrived and banks are expected to support the index as earnings reports will be announced throughout the week. At 18:00, Fed member Musalem will talk about economic policy and outlook on MNI Webcast. What he has to say about the latest employment and inflation data is important.
At 8:30 p.m., Trump participates in a site visit and factory tour. Trump at 22:00 economy He is expected to speak about it at the Detroit Economic Club. While Powell says the institution’s independence is threatened, what Trump says here will be much more important. Barkin from the Fed will speak at the CFO Society in Washington. It is a matter of curiosity what he will say at 00:00.
