Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Blazpay, ArtGIS Finance Partner to Power DeFi Products with Compliant AI, RWA Yield Opportunities

20/06/2025

Dormant Ethereum ICO Wallet Awakens with $5.2M Transfer

20/06/2025

A Critical Week Ahead, with Numerous Altcoin Events and Economic Developments – Here’s the Day-by-Day, Hour-by-Hour List

20/06/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Bitcoin above $100k could spark institutional altcoin rally: MEXC

    20/06/2025

    $300,000 Bitcoin calls and a fading $85,000 put wall — is the market preparing for something explosive?

    19/06/2025

    Is Bitcoin still bullish or trapped in a range? key market structure at risk

    19/06/2025

    Why does the price of Bitcoin rise?

    19/06/2025

    Dormant Ethereum ICO Wallet Awakens with $5.2M Transfer

    20/06/2025

    ETH as digital oil is a tough sell

    19/06/2025

    Will Ethereum Hit $3,000 This Week? Watch These Key Levels

    19/06/2025

    Ethereum Consolidation Continues – Altseason May Follow A Clean Break Above Resistance

    19/06/2025

    Ripple CTO Ends Speculation on ‘Private XRP’

    20/06/2025

    XRP Qualifies as Utility Token Under MiCA, Bitcoin and Ethereum Excluded From MiCA Rules

    19/06/2025

    A Company Has Quietly Begun Accumulating a Significant Amount of This Surprise Altcoin

    19/06/2025

    Major Crack in Trump’s Memecoin Alliance – Trump’s Sons Send Cease-and-Desist Letter to Memecoin Company, TRUMP Price Plummets

    19/06/2025

    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

    17/06/2025

    SBF Portrayed in Sold-Out Prison Musical With Luigi Mangione, ‘Diddy’ as Inmates

    17/06/2025

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

    16/06/2025

    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

    14/06/2025

    Blazpay, ArtGIS Finance Partner to Power DeFi Products with Compliant AI, RWA Yield Opportunities

    20/06/2025

    Dormant Ethereum ICO Wallet Awakens with $5.2M Transfer

    20/06/2025

    A Critical Week Ahead, with Numerous Altcoin Events and Economic Developments – Here’s the Day-by-Day, Hour-by-Hour List

    20/06/2025

    Ripple CTO Ends Speculation on ‘Private XRP’

    20/06/2025
  • Blockchain

    Exciting US Launch Prepares for RWA Tokenization Amidst Regulation Talks

    20/06/2025

    Magic Square.io Joins Metis HyperHack, Hackathon with $200K Prize Pool and AI-driven Web3 on Hyperion

    19/06/2025

    Ostium Labs Hits $5B Milestone on Arbitrum, Leverages Chainlink for Speed and Security

    19/06/2025

    Luffa Partners with GlobalSync to Connect Decentralized Communication and Value Infrastructure

    19/06/2025

    Antix Collaborates with Gain Ventures to Boost Web3 Innovation

    19/06/2025
  • DeFi

    Blazpay, ArtGIS Finance Partner to Power DeFi Products with Compliant AI, RWA Yield Opportunities

    20/06/2025

    DeFi at a crossroads: The SEC’s new stance could change everything

    19/06/2025

    KyberSwap Adds Mayan Wormhole for Cross-Chain Swaps Amid High-Profile DeFi Hacker Indictment

    19/06/2025

    BitVault to launch BTC-backed stablecoin on Katana chain

    19/06/2025

    1inch integrates with Sonic Network for enhanced DeFi trading

    19/06/2025
  • Metaverse

    How to Get Your Chatbot to Talk Dirty

    18/06/2025

    Meta Invests $14 Billion in Scale AI to ‘Deepen’ its Work on Superintelligence

    13/06/2025

    US Senators Probe Stablecoin Plans by Facebook Parent Meta

    12/06/2025

    Terminus Forges Alliance with COBOX to Revolutionize Metaverse

    11/06/2025

    DRX Asia Partners With Terminus to Build On Metaverse Ambitions

    11/06/2025
  • Regulation

    A Critical Week Ahead, with Numerous Altcoin Events and Economic Developments – Here’s the Day-by-Day, Hour-by-Hour List

    20/06/2025

    Tokenized private credit breaks the $13b barrier

    19/06/2025

    Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetrics co-founder disagrees

    19/06/2025

    Is Fed Chair Jerome Powell Resigning Tomorrow? 

    19/06/2025

    Russia Considers Crypto for Settling Grain Exports

    19/06/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    NPT Deposits Suspended Amid NEOPIN Rebranding to Mayflower

    20/06/2025

    21Shares adds 5 new crypto ETP products on Stockholm Nasdaq

    19/06/2025

    Bitcoin Exchange Binance Releases New Listing Announcement! Here Are the Details

    19/06/2025

    KuCoin’s CEO BC Wong Unveils $2 Billion Trust Project

    19/06/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Avalanche Game ‘Forgotten Playland’ Implements NFTs in Biggest Update Yet

    19/06/2025

    Floki’s Valhalla Fires Up 4-Week Programmatic Display Push Across Target Markets

    19/06/2025

    Pudgy Penguins launches Pengu Clash on the TON blockchain

    19/06/2025

    Floki’s Valhalla to Launch 4-Week Reddit Blitz Ahead of Mainnet Release

    18/06/2025

    Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze

    20/06/2025

    France Rejects Bitcoin Mining Proposal

    19/06/2025

    Bitcoin Miner Bitdeer Aims to Secure $330M via Convertible Notes for Expansion

    19/06/2025

    HIVE CFO: Hydro-cooled mining and AI cloud give us an edge post-halving

    19/06/2025

    Malta’s Crypto License Rush Puts EU’s MiCA Law to the Test

    20/06/2025

    Appeals Suspended, Next Big Decision Due by August 15

    19/06/2025

    Brian Armstrong Meets Lawmakers to Shape UK Crypto Regulation

    19/06/2025

    Zettai Illegal, Zensui in Control

    19/06/2025

    Blazpay, ArtGIS Finance Partner to Power DeFi Products with Compliant AI, RWA Yield Opportunities

    20/06/2025

    Dormant Ethereum ICO Wallet Awakens with $5.2M Transfer

    20/06/2025

    A Critical Week Ahead, with Numerous Altcoin Events and Economic Developments – Here’s the Day-by-Day, Hour-by-Hour List

    20/06/2025

    Ripple CTO Ends Speculation on ‘Private XRP’

    20/06/2025
  • MarketCap
NBTC News
Home»Regulation»Can Crypto Markets Bounce Back on This Week’s GDP Report?
Regulation

Can Crypto Markets Bounce Back on This Week’s GDP Report?

NBTCBy NBTC02/03/2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Monday sees the start of another busy economic week with a number of key events on the calendar in the United States, such as sales quarterly GDP figures. Moreover, crypto markets have been in retreat over the weekend as Bitcoin ETF fervor fades and the correction continues.

Macroeconomics outlet The Kobeissi Letter listed the key economic events for the United States for the week beginning January 22. It follows a week of declines on crypto markets which are cooling after the long-awaited approval of spot Bitcoin ETFs in the US.

Macroeconomics Calendar

Wednesday, January 24 sees the release of the Manufacturing PMI (Purchasing Manufacturer’s Index). This captures business conditions in the manufacturing sector, contributing a significant part of the total GDP.

Therefore, it is an important indicator of business conditions and the overall economic condition in the US. The Services PMI report is also released on Wednesday. The direction and rate of change in the PMIs usually precede changes in the overall economy and both are expected to fall slightly.

Thursday is the quarterly gross domestic product report for the fourth quarter of 2023. GDP is a comprehensive measure of US economic activity. Moreover, changes in this data point tend to reflect the nation’s overall economic health. After 4.9% growth in the third quarter, the economy is expected to have grown by around 1.8% in the fourth.

Read more: How to Protect Yourself From Inflation Using Cryptocurrency

December’s Core Personal Consumption Expenditures (PCE) report will be published on Friday. The data reflects the average amount of money consumers spend monthly, excluding seasonally volatile products such as food and energy.

Central bank policymakers use the annual Core PCE Price Index as their primary gauge of inflation. Furthermore, analysts expect it to show a slight uptick on a monthly and annual basis.

This week’s economic calendar. Source: X/@markets_bot

It will also be a stacked week for earnings reports with firms including Tesla, Intel, and Visa, releasing revenue data.

Crypto Market Outlook

A positive economic outlook is generally good news for high-risk assets such as cryptocurrencies. However, markets are still cooling following their three-month rally.

Total market capitalization remained flat over the weekend at $1.71 trillion. Bitcoin was unmoved after Friday’s options expiry, trading at $41,368 during the Monday morning session in Asia.

However, most of the altcoins had started to retreat again with larger losses for Solana, Cardano, Dogecoin, and Polkadot.

Although daily losses remain small at the moment, red is the predominant colour for crypto markets this Monday.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

A Critical Week Ahead, with Numerous Altcoin Events and Economic Developments – Here’s the Day-by-Day, Hour-by-Hour List

20/06/2025

Tokenized private credit breaks the $13b barrier

19/06/2025

Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetrics co-founder disagrees

19/06/2025

Is Fed Chair Jerome Powell Resigning Tomorrow? 

19/06/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Blazpay, ArtGIS Finance Partner to Power DeFi Products with Compliant AI, RWA Yield Opportunities

20/06/2025

Dormant Ethereum ICO Wallet Awakens with $5.2M Transfer

20/06/2025

A Critical Week Ahead, with Numerous Altcoin Events and Economic Developments – Here’s the Day-by-Day, Hour-by-Hour List

20/06/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.