Bitcoin, Ethereum and XRP head into a macro-heavy session as investors await fresh signals on the Federal Reserve's next move on rates. A batch of US economic data and four Fed speakers are on today's calendar, and traders are watching for hints on the path ahead.
Today's US data slate includes Case-Shiller home prices, consumer confidence and JOLTS job openings, giving markets fresh reads on housing, consumer strength and the labour market.
Four Federal Reserve officials are also scheduled to speak today. Investors are watching closely for hints on whether Fed Chair Kevin Warsh and policymakers could hike rates or hold them steady.
The combination of data and commentary could drive volatility across crypto markets as investors reassess the path for interest rates. Bitcoin, Ethereum and XRP are the assets most directly in focus as the session unfolds.
Source: Coinpedia Fintech News (snippet-based)
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