4 Things That Could Impact Bitcoin and Crypto Markets in the Week Ahead

Crypto and Stock Markets saw some recovery last week as the emotions improved. However, many analysts think that US equality is not yet in the woods.

Increasing global trade tension has almost drag the stocks into a bear market. The uncertainty of the tariff, the signs of a slowing economy, and the ongoing inflation continue to affect the sentiment of the consumer and investor.

This week also marked the final one of the economic data before the May Federal Reserve meeting.

Economic Events April 27th to May 2

Consumer confidence data will be released on Tuesday, which alleviates general feelings in the United States. This will be followed by job data, which also provides an insight into labor markets and greater economic conditions.

On Wednesday will be a March's March Core report (PCE), which reflects the average amount of money that consumers spend monthly. This information is one of the key inflation indicators used by the rules in the central bank.

Also on Wednesday was the release of the Q1 GDP growth of the annual advance estimate, which offers an early perspective on GDP changes from the previous quarter. Economists hope that growth will remain unchanged from Q4, 2024, to 2.4% annual.

A higher GDP reading can weigh expectations for Fed rate cuts, while a lower-than-expect reading or slowing growth can provide the central bank of data to support rate cuts.

Basic Events this week:

1. CB Consumer Confidence Data – Tuesday

2. March Jolts Jolts Work Data – Tuesday

3. US Q1 2025 GDP Data – Wednesday

4. March PCE Inflation Data – Wednesday

5. April work report – Friday

6. ~ 25% of S&P 500 companies report revenues

We have a busy week …

– The Kobeissi letter (@KobeissileTter) April 27, 2025

Friday will see some unemployment reports released, showing the number of new jobs created in the last month and the percentage of people who are actively looking for a job.

US stock futures fell on Sunday, leading a busy quarterly income week in the coming days.

Four of the wonderful seven companies, Amazon, Apple, Meta, and Microsoft, will release their quarterly reports this week.

The insight into the crypto market

Crypto markets dropped during early Asian trading on Monday, with a total capitalization teetering at a $ 3 trillion level and was at risk of going down below it for the first time in a week.

Bitcoin prices take about $ 94,000 over the weekend, but dip below $ 93,000 briefly on Monday before a slight recovery. The owner remains 7% last week, however.

The Ethereum retreated back to the bottom $ 1,800 again and remains at the bear market levels. Meanwhile, the XRP is stabbing a 3% day -to -day gain to reach $ 2.24 at the time of writing.