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 The Kobeissi Letter, this week’s major events include 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 insights from 14 Federal Reserve speakers throughout the week (source: @KobeissiLetter, May 18, 2025). Each of these events holds significant trading implications for the cryptocurrency market. The Moody’s downgrade is expected to increase risk-off sentiment, potentially driving Bitcoin and altcoins lower as investors seek safe-haven assets. US crude oil inventory data may affect inflation expectations and, by extension, market liquidity, impacting crypto price action. S&P Global Manufacturing PMI and home sales data could influence Fed policy speculation, with hawkish commentary from Fed speakers likely to pressure crypto valuations. Traders should monitor these macro events for volatility triggers in BTC, ETH, and DeFi tokens.