This week's macro data may dominate the trend of the crypto market, with PCE, unemployment claims, and housing data becoming key indicators for the Federal Reserve's interest rate cut decision.
ChainCatcher news: This week, the crypto market will focus on key US macroeconomic data, including PCE inflation, initial jobless claims, housing prices, and new home sales, to assess whether the Federal Reserve has room for rate cuts. Currently, both prediction markets and CME FedWatch indicate a higher probability of the Federal Reserve keeping rates unchanged in June. The market is also closely monitoring the Middle East situation and oil price fluctuations. If energy prices continue to rise, it could intensify inflationary pressures and negatively impact risk assets. In addition, multiple DAO governance votes and token unlock events, including EIGEN, HUMA, and GRASS project token unlocks, will take place this week.
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