U.S. inflation data is the major catalyst to watch this week, as it could move the needle on market sentiment and Federal Reserve interest-rate expectations.
The war in the Middle East and other geopolitical risks have kept commodity markets volatile, with bitcoin BTC$68,153.83 last week failing to remain above the $70,000 mark.
The U.S.-Israel conflict with Iran is escalating, and the odds of a near-term ceasefire on prediction markets appear slim. Traders will be monitoring the price of crude oil for potential signs of its impact on inflation.
coindesk.com