Next week could be a turning point for the crypto market as inflation indicators, trade tensions, and earnings from major U.S. firms collide to test investor sentiment.
With Bitcoin holding steady above $117,000 after a sharp rally, traders are watching for signs that monetary easing is still on the table. But the upcoming release of CPI and PPI data, coupled with a barrage of new tariffs from President Donald Trump, may complicate that outlook.
Expectations point to a slight uptick in consumer prices, with core inflation also projected to rise. If inflation runs hotter than expected, it could cool enthusiasm for near-term rate cuts. Some analysts warn that Trump’s aggressive trade moves — including steep tariffs on goods from Canada, Mexico, and the EU — risk adding fuel to inflation, a scenario that could rattle crypto markets.
Federal Reserve officials are also scheduled to speak throughout the week, with comments likely to influence market positioning ahead of the July 29 FOMC meeting. Recent Fed minutes show a split between policymakers who favor easing and those worried about persistent inflation pressures.
Adding to the mix, earnings from major banks and corporate giants like Netflix and PepsiCo will offer fresh insight into the health of the broader economy — a factor that could sway risk appetite in both stocks and crypto.
Meanwhile, speculation around Fed Chair Jerome Powell’s future is stirring debate. Though unconfirmed, rumors of his possible resignation have been welcomed by some in the digital asset space, who view him as a barrier to innovation-friendly monetary policy.
With macro risks mounting and key data on deck, traders are bracing for a volatile week that could reshape the near-term outlook for Bitcoin and beyond.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
Source: https://coindoo.com/crypto-investors-eye-inflation-data-and-trump-tariffs-as-volatility-looms/