The crypto market is booming today, as Bitcoin hit a new milestone, influencing other digital assets as well. With BTC’s multiple new ATHs in the last few days, the trajectory of the market has shifted towards bulls. Notably, the current week (July 14 to July 20) could further enhance it or break it as various key events would take place.
Top Events This Week And Their Impact on Crypto
In the years of the cryptocurrency industry, a few things have been consistent and have had an impact on the market. In this, macroeconomic events and developments in the cryptocurrency industry are the most persistent events. This week, a lot is coming for the investors and market, including the US House of Representatives’ planned Crypto Week, the release of CPI, PPI, and other economic stats.
The highlight of July is the Crypto Week, which will run between July 14 and July 18. Here, the House representative will debate and vote on the three prominent cryptocurrency bills, including the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance State Act. More importantly, this would set the landscape for the regulatory development of digital assets.
Notably, the passage of these bills would result in a bull run.
June’s CPI inflation report will be released this Tuesday, July 15, by the U.S. Bureau of Labor Statistics. Experts forecast a 0.3% MoM and 2.6% YoY data, marking a significant increase from the previous month’s data. A 0.3% increase in core CPI might also take place.
If the CPI comes hot, Kobeissi Letter and other experts predict high sell-off odds, especially as Trump’s Tariff is already a threat.
The Biggest Event Of This Week
On 15th July, US CPI and Core CPI data will be released.
Right now, the market is expecting a 2.7% CPI and a 3% Core CPI YoY increase.
This is almost 0.3% higher than last month’s CPI, which shows the impact of tariffs.
But there’s one catch.…
— Cas Abbé (@cas_abbe) July 14, 2025
CoinGape’s market’s next week report highlights that CPI data will be followed by the June PPI inflation data on Wednesday, July 16. Analysts have predicted 0-2-0.3% increase in the Producer Price index in MoM and a steady 2.6% YoY.
Strong PPI data is connected with the strengthening U.S. dollar, which is a threat to cryptocurrencies.
The Census Bureau will release the June Retail Sales report on Thursday, July 17. Economists expect a -0.5% change in MoM, which follows May’s -0.9% dip.
A weaker-than-expected report could trigger sell-offs in cryptocurrencies, as investors would move towards less risky assets. However, if the report exceeds expectations, a boost in digital assets’ prices may take place.
July MI Consumer Sentiment data
The University of Michigan’s July Consumer Sentiment Index will be released on Friday, July 18. Experts expect a reading of 61.4, higher than June’s 60.7. If the sentiment reading is higher than expected, investors’ confidence in digital assets could grow, and vice versa.
In addition to these cryptocurrency events, 12 Fed speaker events will also take place. Similar to Fed meetings and minutes, these speeches could provide some sort of update on inflation and potential rate cuts.
The kind of discussion and impact on investors’ sentiments would decide whether they will make or break the market.
Will Crypto Market Continue to Rally?
As mentioned, the crypto market is up today, but there’s uncertainty whether the uptrend will continue or not. Bitcoin is at its peak, but a consolidation could form and impact the broader market. Besides, the release of these macroeconomic events and others would leave a significant impact as well.
As a result, the market could witness a lot of ups and downs this week. Investors must closely monitor the release of these data and other macroeconomic events and plan trading strategies accordingly.
Frequently Asked Questions (FAQs)
The macroeconomic events influence investors’ trading sentiments, posing a risk for the performance of the digital assets and the broader market.
If CPI comes higher than expected, it could crash the crypto market due to rising inflation fears.
Retail sales data showcase the consumer spending strength. A good number boosts crypto prices while a weaker one does the opposite.
Pooja Khardia
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section.
Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights.
Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry.
When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Source: https://coingape.com/trending/crypto-market-bitcoin-skyrocket-week-miss-these-events/