According to @KobeissiLetter, this week features several critical US economic events including the release of July S&P Global Services PMI data on Monday, July ISM Non-Manufacturing PMI data on Tuesday, a 10-Year Note Auction on Wednesday, Initial Jobless Claims data on Thursday, five Federal Reserve speaker events throughout the week, and approximately 20% of S&P 500 companies reporting earnings. These events are closely watched by traders as they may influence market volatility, risk sentiment, and liquidity, which in turn can impact major cryptocurrencies such as BTC and ETH due to their correlation with broader risk assets and macroeconomic trends. (Source: @KobeissiLetter)

According to The Kobeissi Letter, this week features several high-impact US economic events including the CB Consumer Confidence data on Tuesday, Federal Reserve meeting minutes on Wednesday, US Q1 2025 GDP data on Thursday, and April PCE Inflation data on Friday (source: @KobeissiLetter, May 25, 2025). These releases are critical for crypto traders as they historically drive volatility in both traditional and digital asset markets. The PCE Inflation data especially influences expectations around Federal Reserve rate decisions, directly affecting Bitcoin and Ethereum price action. US markets will be closed on Monday for Memorial Day, causing a condensed trading week where reaction to data releases could be amplified. Crypto traders should monitor these events closely for potential short-term opportunities.