Crypto markets have remained relatively stable over the weekend, with total capitalization holding just above $2.5 trillion.
Moreover, Friday’s inflation numbers helped markets regain a little ground at the end of last week, with Core PCE coming in line with expectations after a small increase.
Digital assets, especially Bitcoin, were also buoyed by Donald Trump’s bullish comments at the Bitcoin 2024 Conference on Saturday. However, the market went north on Monday morning.
Economic Events July 29 to August 2
July’s Consumer Confidence Index report is due out on Tuesday, providing a measure of confidence that affects consumer spending which contributes to around 70% of US GDP.
The ISM Manufacturing PMI report will be released on Thursday. This data reflects business conditions in the manufacturing sector and is a measure of overall economic conditions.
Friday, jobs and unemployment data will be released, offering numbers on new jobs created and the percentage of people actively se
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