ME News reports that on May 25 (UTC+8), this week’s crypto market will focus on key U.S. macroeconomic data, including PCE inflation, initial jobless claims, housing prices, and new home sales, to assess whether the Fed has room to cut rates. Current market expectations and the CME FedWatch tool both indicate a high probability that the Fed will hold rates steady in June. Markets are also closely monitoring the Middle East situation and oil price volatility; further increases in energy prices could intensify inflationary pressures and weigh on risk asset performance. Additionally, this week will see several DAO governance votes and token unlocks, including those for EIGEN, HUMA, and GRASS. (Source: ChainCatcher)
Macro Data to Influence Crypto Market This Week: PCE, Unemployment, and Housing Data Key for Fed Rate Decision
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Summary
This week, the crypto market will closely monitor U.S. inflation data—including PCE, jobless claims, and housing figures—to assess the Fed’s rate decisions. On-chain data reveals heightened activity as traders prepare for key macroeconomic releases. The CME FedWatch indicates a high probability of a rate hold in June. Meanwhile, oil prices and Middle East tensions remain under close watch. DAO votes and token unlocks for EIGEN, HUMA, and GRASS are also on the agenda.
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