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08/10 04:55

Crypto This Week: CPI, PPI and Key Economic Events

#HTX Creation Challenge — Post and Win 1,500U Crypto This Week: CPI, PPI and Key Economic Events to Watch as Bitcoin Eyes $69K This week brings a heavy mix of inflation, consumer and energy data that could influence risk assets and crypto prices. Bitcoin is approaching a key resistance zone, while $XRP and Ethereum analysts are watching different technical setups. Here’s what could matter most for the market. Crypto This Week The week is packed with economic releases, with inflation data likely to be the biggest catalyst: Key Events This Week: 1. July Existing Home Sales data – Tuesday 2. OPEC Monthly Report – Wednesday 3. July CPI Inflation data – Wednesday 4. July PPI Inflation data – Thursday 5. July Retail Sales data – Friday 6. August MI Consumer Sentiment data – Friday It's a big week… — The Kobeissi Letter (@KobeissiLetter) August 9, 2026 July Existing Home Sales — Tuesday: Strong figures could show economic resilience but weaken rate-cut bets. Softer results may lift expectations for easier policy and support risk assets. OPEC Monthly Report — Wednesday: Production and demand forecasts will shape oil-market expectations. Higher crude prices could fuel inflation, while weaker demand may ease price pressures. July CPI Inflation — Wednesday: The week’s biggest catalyst. Cooler inflation could boost Bitcoin and other risk assets, while a hotter reading may trigger selling. July PPI Inflation — Thursday: Shows price pressure at the producer level. An unexpected jump could revive inflation fears and keep borrowing costs elevated. July Retail Sales — Friday: Strong spending would signal a resilient consumer but could limit expectations for aggressive cuts. Weak figures may raise slowdown fears while strengthening easing bets. August Michigan Consumer Sentiment — Friday: Offers a snapshot of household confidence and inflation expectations. A sharp decline could point to weaker economic activity ahead. The CPI and PPI figures will be especially impo
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