Bitcoin range is linked to the Federal Reserve Price decision, on the horizon, the profits of technology star-news.press/wp

Bitcoin constantly held last week while Altcoins fell, as the Crypto market entered a capacity of macro stimuli and major companies.

This week, all eyes topped the interest rate of the Federal Reserve, a wave of important technology profits from companies such as Microsoft and Amazon, and the continuous eTf flows of Bitcoin (BTC) and ETHEREUM (ETH). With the high inflation and the proposed definitions of Trump that threaten the new economic tension, merchants are preparing to extend a volatile that can form the next stage of running the encryption bull.

Federal reserve and major economic data

In the last selection on Sunday, Bitcoin remained in a narrow range between $ 116,000 and $ 119,000, while Ethereum was slightly less than the main resistance of $ 4,000. This article examines some of the main stimuli that will affect bitcoin and bcuens this week.

Bitcoin, Altcoins and other assets are expected to interact on Wednesday. Economists expect the Federal Reserve to resist pressure from President Donald Trump and leave interest rates unchanged between 4.25 % and 4.50 %.

The Federal Reserve believes that the economy is in good condition, but it is concerned about the effect of Trump’s tariff on inflation. Their concerns have been justified as inflation has increased in the past few months, with the main consumer price index increased from 2.4 % in June to 2.7 % in July.

Watching with this, Bitcoin and Altcoins will interact with the upcoming macroeconomic data that will affect the next Federal Reserve. The most prominent of this data will be the confidence of the consumer on Tuesday, the output of the total number on Wednesday, and the personal consumption index on Thursday.

The United States will then publish a report of non -farm salary statements on Friday. This is a major report because it is part of the dual Federal Reserve State.

Seven wonderful profits

The other incentive for Bitcoin and Altcoins will be the continuous second quarter profit season. The largest American banks such as Jpmorgan and Bank of America have already published their profits.

The focus now moves to the numbers coming from the top 7. The Tesla (Tesla), Apple (AAPL) Microsoft (MSFT) of Google Google Alphabet (Googl), Amazon (Amzn), NVIDIA (NVDA) and Meta Platforms (Meta).

It will publish more than 50 % of all companies in the S&P 500 profits this month. The main topic in this profit season is that the profit growth was more flexible than expected, which explains why the S&P 500 index reached to a high degree.

Historically, profits from major companies such as Microsoft and Apple have a significant effect on the S&P 500. At the same time, Bitcoin has a close association with the blue chip index.

Bitcoin and ethereum etf

Another catalyst for Bitcoin and Altcoins is the continuous demand for the United States. Data shows that instant bitcoin and ethereum etfs continued to collect flows this year.

Spot BTC ETFS added $ 72 million of flows last week, the smallest weekly gain since June. On the other hand, Ethereum ETFS added more than $ 5.1 billion.

At the same time, cryptocurrencies will interact with the constant accumulation of companies by companies such as strategy, metaplanet and Sharplink.

Trump’s commercial war

Moreover, the encryption market will interact with the next Trump’s deadline for tariff for the main countries. Sunday, the United States and the European Union to hit At the last minute deal to impose a 15 % tariff on most European exports, including cars, and avoid a narrow trade war. The agreement announced by Trump and European Union leaders announced at Turnberry Golf Club, and was praised as a “sustainable” solution by European officials.

It remains to see whether other countries, including South Korea, Mexico, Brazil and Canada, can reach an agreement with the Trump administration before the deadline on August 1.

It is likely that the lengthy trade war may have a negative impact on bitcoin, Qu9, and other assets.