According to @StockMKTNewz citing @GoMoonInsights, the weekly macro calendar from June 2 to June 5, 2025, highlights several high-impact economic events that traders should watch closely for their potential influence on cryptocurrency price action. Monday features global PMI releases, which are critical for assessing economic momentum and risk sentiment (source: @GoMoonInsights). Tuesday’s focus shifts to US factory orders and Eurozone inflation data, likely to affect both traditional and digital assets due to changing interest rate expectations. Wednesday’s macro events include US ADP employment numbers and OPEC meetings, historically known to drive volatility in crypto through risk-on or risk-off flows. Thursday brings the ECB policy decision and US jobless claims, both of which are crucial signals for traders anticipating macro-driven crypto market movement (source: @StockMKTNewz). Overall, this calendar provides actionable insights for crypto traders seeking to align positions with macroeconomic catalysts.

According to The Kobeissi Letter, this week features six key events likely to impact crypto trading: the market reaction to Moody’s downgrade on Monday, US crude oil inventory data release on Wednesday, S&P Global Manufacturing PMI and April existing home sales data on Thursday, April new home sales data on Friday, and comments from a total of 14 Federal Reserve speakers throughout the week (source: The Kobeissi Letter). These events are anticipated to increase volatility in both traditional and crypto markets, as shifts in risk sentiment and macroeconomic indicators can directly influence Bitcoin, Ethereum, and altcoin prices.

According to Michaël van de Poppe, gold has exhibited significant volatility, initially declining but rallying due to a large miss on PMI data. This rally suggests that if gold's trend reverses downwards, it could trigger a positive performance in altcoins. The current conditions of a declining dollar and yields are seen as favorable for this scenario.

According to CryptoMichNL, the recent dip in Bitcoin has occurred, and the correction phase might be over. With the macroeconomic season starting, highlighted by PMI data, there is an expectation that Bitcoin will test its all-time high (ATH) in the next 2-4 weeks.