The Crypto Currency Market in Difficulty Locked in on These 3 Events for the Week!

Cryptocurrencies experienced a significant drop of about 30% from their peaks in March. However, they are showing some signs of recovery. The upcoming week is filled with important events that could greatly affect both the crypto and traditional markets. Here are three significant events that investors should watch next week!

**Important events to watch in the cryptocurrency market next week

September 10th Tuesday: US - Donald Trump Kamala Harris Debate

On September 10th, a debate between presidential candidates Kamala Harris and Donald Trump will take place. This debate is creating excitement in the crypto market. Both candidates have shown increasing interest in cryptocurrencies recently. Trump's positive attitude towards crypto and Harris' connections with industry leaders could influence market trends. It is possible that this discussion may bring new insights or uncertainties about the future of digital assets.

September 11 Wednesday: US CPI data will be released

The US August Consumer Price Index (CPI) report will be released on September 11. This report is important as it shows how prices have changed and can affect economic decisions. As you follow on Kriptokoin.com, the July US CPI report showed a 0.2% increase compared to the previous month and a 2.9% increase compared to the previous year. Experts predict that the August CPI will show a slightly higher increase. In this regard, experts forecast that core inflation will be around 0.26%. These data will impact the Federal Reserve's interest rate decisions. Therefore, they have the potential to affect both traditional and cryptocurrency markets.

September 12 Thursday: US PPI and Jobless Claims

The Producer Price Index (PPI) report will also be released on September 12th in the US. The PPI measures how prices of goods change before they reach the consumer. The July report showed a 2.2% increase compared to the previous year, indicating a slight decrease compared to the 2.7% rate in June. Analysts expect the August PPI to show further alleviation of inflationary pressures.

We will also receive the US Initial Jobless Claims report on the same day. This report tracks the number of people applying for unemployment benefits. The latest data showed that it dropped to 227,000, the lowest level since the beginning of July, compared to economists' forecast of 230,000. This information helps us understand the overall job market and economic health, which will also impact the cryptocurrency market. As these events unfold, it is possible for opportunities or challenges to arise in the cryptocurrency market.

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