2024-08-01 12:00:01
Hey there! 👋
After weeks of optimism, it looks like the market has cooled off, awaiting more news on the global and U.S. economy. Let’s take a look at what might shake things up this week 👇
🥶 Trade wars news:
🔸 Despite ongoing negotiations with the U.S. on goods tariffs, the E.U. has revised its projected GDP growth downward amid rising trade tensions.
🔸 Meanwhile, markets appear to have realized that, despite Trump’s tariff truce with China, the damage to credibility and long-term potential has already been done. Not the best sign for the crypto market.
🌍 Key economic events:
🔸 Throughout the week, Japan and the U.K. are set to release inflation reports, with experts expecting inflation to rise in both countries.
🔓 Altcoin unlocks:
🔸 Today: Polyhedra will unlock 5.03% of $ZKJ’s market cap.
🔸 Tomorrow: Melania Meme and Pyth Network will release 5.69% and 58.6% of $MELANIA and $PYTH market caps, respectively.
🔸 May 21: Plume Network will unlock 4.66% of $PLUME’s market cap.
After weeks of optimism, it looks like the market has cooled off, awaiting more news on the global and U.S. economy. Let’s take a look at what might shake things up this week 👇
🥶 Trade wars news:
🔸 Despite ongoing negotiations with the U.S. on goods tariffs, the E.U. has revised its projected GDP growth downward amid rising trade tensions.
🔸 Meanwhile, markets appear to have realized that, despite Trump’s tariff truce with China, the damage to credibility and long-term potential has already been done. Not the best sign for the crypto market.
🌍 Key economic events:
🔸 Throughout the week, Japan and the U.K. are set to release inflation reports, with experts expecting inflation to rise in both countries.
🔓 Altcoin unlocks:
🔸 Today: Polyhedra will unlock 5.03% of $ZKJ’s market cap.
🔸 Tomorrow: Melania Meme and Pyth Network will release 5.69% and 58.6% of $MELANIA and $PYTH market caps, respectively.
🔸 May 21: Plume Network will unlock 4.66% of $PLUME’s market cap.