Bitcoin Faces American Inflation: The Crypto Week Under Tension

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The US Consumer Price Index for July will be released on Wednesday, August 12 at 2:30 PM French time, with annual inflation expected at 3.4%, down from 3.5% previously. Several crypto companies will report earnings this week, including eToro, Securitize, Gemini, Bitdeer and Bakkt, while the Q2 13F institutional filing deadline is set for Friday. Approximately 6.9 billion WLFI tokens held by AI Financial are set to become transferable on Wednesday, and Pump.fun will release approximately 1.75% of its circulating supply on the same day. Markets anticipate that lower-than-expected inflation would support risk assets, while an upside surprise would bring monetary tightening risk back into focus.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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