Fed Minutes and Tariffs Deadline go drive crypto volatility
Crypto market dem dey face high wahala this week as plenty US macro-economic events and policy deadlines dey jam at once. On Tuesday, consumer credit report wey dem predict say go show $10 billion rise fit show say borrowing waka change and capital fit move enter crypto. On Wednesday, Federal Reserve minutes go talk wetin committee feel about rates and inflation; if dem talk hard, e fit make dollar strong and make crypto wahala reduce, but soft talk fit make crypto get new wahala.
Traders suppose dey watch initial jobless claims to sabi wetin dey happen for labour market and if rate cut dey come. US reciprocal tariffs wey go expire on July 9 na another wahala, because talks with India, UK and Vietnam fit make investors change how dem dey feel. Fed people (Mauselman, Waller, Daly) go talk on July 10, and US CPI data wey dey come later this month go still affect price movement. Crypto price fit scatter as these things dey happen.
Plus, House subcommittee hearing on digital asset tax policy—"Making America the Crypto Capital of the World"—fit give better regulation and make growth long term. BlackRock and JPMorgan corporate earnings on July 15 fit also affect market. Crypto traders suppose prepare for sharp price waka because this heavy calendar of Fed minutes, tariffs, macro data, and policy matter.
Neutral
Dis kain series of macroeconomic events and policy deadlines fit likely make crypto markets dey waka up and down quick, but e no get clear direction. If Fed minutes come hawkish or tariff palava bust bad, prices fit drop, but if Fed talk soft and tariff talks go well, prices fit rise. Consumer credit, jobless claims, and CPI data go add more yawa based on how economy dey and how people feel about rate cuts. Regulatory clarity from digital asset hearing plus big company earnings fit boost long term confidence, but wahala round negotiations and data dem release dey keep risk and reward balanced. So overall, impact na neutral, traders dey face both good and bad factors for near future.