Bitcoin Under Pressure Again Ahead of 4 Major Market-Moving Events

Bitcoin and crypto enter another potentially turbulent week with fresh US inflation data, a packed Federal Reserve speaking schedule, and oil-market developments all capable of shifting expectations for December’s FOMC meeting. After the recent Wall Street crash and BTC’s slide to multi-month lows, even a small surprise could trigger another sharp move. CPI and PPI Monday is expected to be a slow day in terms of macro events, even though prices have already gone wild . The biggest macro factor arrives on Tuesday when the US will publish the October Consumer Price Index data. September’s headline inflation came in at 3.7% year-over-year, and Tuesday’s report will be closely watched for signs that price pressures are finally cooling.

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