Crypto markets have shown signs of recovery over the weekend but a busy week ahead on the economic calendar in the United States may refuel momentum for the bears.
Tuesday will see the release of new home sales figures, which offer a wider perspective on the overall economy and confidence but have no relation to crypto markets. The Q1 GDP Growth Annualized preliminary estimate will be released on Thursday, providing an initial glimpse of the economy’s health in the previous quarter. The Atlanta FedThe Core Personal Consumption Expenditures report is due out on Friday reflecting consumer spending for the period.
March’s Michigan Consumer Sentiment Index and Consumer Inflation Expectations reports are also due on Friday.
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