Tuesday, June 24, 2025
  • About us
  • Economic Calendar
  • Price Predictions
  • Coins Alerts
  • Crypto Portfolio Tracker
  • Exclusively from Our Partners
Cryptheory
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
Cryptheory
No Result
View All Result

Important events for cryptocurrency market this week

by Margharet Tess
March 28, 2025
in Cryptheory News
Reading Time: 4 mins read

Table of Contents

  • The following economic data will be relevant this week
  • Orders received for durable goods
  • US consumer confidence figures
  • US purchasing managers’ index for the manufacturing economy
  • US Service Sector Purchasing Managers Indices

The past trading week was characterized by a wide range of profit-taking on the financial markets. An increasingly gloomy picture on the real estate market coupled with rising inflation figures in Europe and the USA increasingly caused investors to flee to defensive stocks and the US dollar. The world’s largest stock index, the S&P 500, recorded its heaviest daily loss in the trading year 2023 in the last half of the week. The price corrections on the classic financial market also caused the Bitcoin price and with it the entire crypto market to trend more southwards. At least the US stock indices were able to contain their intraday price losses on Friday evening and went into the weekend almost unchanged. Although Bitcoin corrected briefly over the weekend to a new 10-day low of US$ 22,770, the buyers were there and balanced the price of the crypto key currency back above the psychological price mark of US$ 23,000.

Whether the current price correction on the crypto market has already ended or whether new lows will start in the new trading week should be largely determined by the development of the US dollar index (DXY) and the US stock markets. You can read which targets are likely to become relevant for Bitcoin in the latest Bitcoin analysis

The following economic data will be relevant this week

This month, February 27th, is presented as the latest US Durable Goods Orders. The following day is the announcement of the CB Consumer Confidence in the USA. In the middle of the week, the ISM purchasing managers’ indices for the US manufacturing sector are the focus of the market players. The trading week will be rounded off with the final data from the US purchasing managers’ indices for the service sector.

Orders received for durable goods

Monday, February 27, 2023: At 2:30 p.m. (CET), the final figures for incoming orders for durable goods in January will be published. The market experts expect a slight increase of 0.1 percentage points compared to the previous month. Compared to the previous year, however, a drastic slump of -4.0 percent is forecast. In the previous month, incoming orders at +5.6 percent were above expectations of +2.6 percent. If the figures are in line with the forecasts and incoming orders drop significantly, as expected, the US dollar should tend negatively as a result. Since the stock market has recently been trending bullish after strong incoming orders, it is difficult to predict how the market could develop as a result of weak data.

US consumer confidence figures

Tuesday, February 28, 2023: On Tuesday at 4:00 p.m. (CET) the Conference Board (CB) will announce new figures on US consumer confidence for the trading month of January. The level of optimism about the US economy came in at 107.1 last month, below expectations of 109.0. For the month of February, the analysts expect a slight increase to 108.5. If the forecast is met or even exceeded, the US dollar index (DXY) should continue its upward trend of the previous week. As in the last trading week, this should once again have a negative effect on the price development on the crypto market. On the other hand, if analyst expectations are missed and consumer confidence falls further, the probability of a recession in the USA increases. Despite a falling US dollar, the subsequent correction on the stock market could have a bearish effect on the prices of Bitcoin and Co. Never before has the impact on the markets been so difficult to forecast.

US purchasing managers’ index for the manufacturing economy

Wednesday, March 01, 2023: Midweek investors look to the ISM Manufacturing Purchasing Managers’ Index (PMI) for the US at 16:00 GMT. For the past month of February, the experts expect a value of 48.0. Although the index determined by the Institute for Supply Management in the USA was 47.4, below the forecast of 48.0, the stock and crypto markets subsequently increased in value. One reason for this was the significant correction in the US dollar index. Because the US Federal Reserve is likely to take into account a sustained negative development in the manufacturing sector in its interest rate decision on March 22nd and could therefore deviate from its continued hawkish stance. On the other hand, a better-than-expected index reading could put renewed pressure on US stock markets as the likelihood of another rate hike should increase further. As a result, risky stocks in particular and with them the Bitcoin price could tend to weaken.

US Service Sector Purchasing Managers Indices

Friday, March 03, 2023: At 16:00 (CET) the ISM purchasing managers’ index (PMI) for the service sector in the USA will be presented. Most recently, the figures published for the Purchasing Managers’ Index for January were 55.2, well above expert expectations of 50.4. As a result, the US dollar index gained significant strength. However, the price declines on the stock and crypto markets were relatively moderate. The market experts are forecasting a slight decline to 54.5 for the month of February. If the forecast is clearly beaten, as it was recently, the US dollar index should continue its bullish recovery and put the stock and crypto market under pressure. The service sector has recently decoupled from other sectors such as manufacturing and real estate and has shown itself to be much more resilient. If, contrary to expectations, the service sector should also weaken, that would be a strong indication that the US economy is cooling down overall. It remains to be seen whether this development will encourage investors to buy shares and cryptocurrencies. However, the US Federal Reserve would paradoxically welcome weakness in the services sector as it would increase the likelihood of falling inflation in the coming months.

Cryptocurrency investors should know these 5 red signals

  • Author
  • Recent Posts
Margharet Tess
Margharet Tess
Editor, Developer at Cryptheory Labs
I have been active in the cryptocurrency world for over 6 years, during which I have written countless articles about this sector. What fascinates me most about cryptocurrencies is their technological aspect and the problems they aim to solve. In the past three years, I have ventured into app development and am currently working on a larger project called P2E Buzzer. Stay tuned for the surprise. 🙂 My previous experiences: Business2Community.com, TradingPlatforms.com
Margharet Tess
Latest posts by Margharet Tess (see all)
  • Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL - June 24, 2025
  • To Everyone Selling Their Crypto: Take a Breath, Quit Panicking, and Read This Like a Pro - June 23, 2025
  • Bitcoin at $104K: Spoofers, Liquidations & Degens – Welcome to the Danger Zone - June 20, 2025
Tags: cryptocurrencyMarketWeek
Previous Post

Few facts about non-fungible tokens (NFT)

Next Post

This guy was mining BTC in a school basement

Related Posts

To Everyone Selling Their Crypto: Take a Breath, Quit Panicking, and Read This Like a Pro
Uncategorized

To Everyone Selling Their Crypto: Take a Breath, Quit Panicking, and Read This Like a Pro

June 23, 2025
2025 Déjà Vu? Why This Bitcoin Dump Might Just Be Your 2020 Moment All Over Again
Cryptheory News

2025 Déjà Vu? Why This Bitcoin Dump Might Just Be Your 2020 Moment All Over Again

June 23, 2025
Altseason Is Coming: Time to Saddle Up, Degens
Cryptheory News

Altseason Is Coming: Time to Saddle Up, Degens

June 20, 2025
Bitcoin at $104K: Spoofers, Liquidations & Degens – Welcome to the Danger Zone
Cryptheory News

Bitcoin at $104K: Spoofers, Liquidations & Degens – Welcome to the Danger Zone

June 20, 2025
Stablecoin Scrutiny: From Tether’s Launch to MiCA’s Dawn, Regulators Are Watching
Cryptheory News

Stablecoin Scrutiny: From Tether’s Launch to MiCA’s Dawn, Regulators Are Watching

June 12, 2025
June 15th: The Altcoin Apocalypse or Your Ticket to a Lambo? Let's F***ing See.
Cryptheory News

June 15th: The Altcoin Apocalypse or Your Ticket to a Lambo? Let’s F***ing See.

June 11, 2025
SOL's Big F***ing Breakout: Why Solana's About to Send You to the Moon
Cryptheory News

SOL’s Big F***ing Breakout: Why Solana’s About to Send You to the Moon

June 10, 2025
Crypto Trading Tips for June 5, 2025: Navigating the Binance Spot Market
Cryptheory News

Crypto Trading Tips for June 5, 2025: Navigating the Binance Spot Market

June 5, 2025
Spot Market Flexes and Derivatives Cry in the Corner: How Does It Look On-Chain?
Cryptheory News

Spot Market Flexes and Derivatives Cry in the Corner: How Does It Look On-Chain?

May 15, 2025
Please login to join discussion
Track all markets on TradingView
Score: 0
Game Over

Popular

Solana On-Chain Frenzy: New Addresses, Spikes, and Degens Running Wild

Solana On-Chain Frenzy: New Addresses, Spikes, and Degens Running Wild

June 12, 2025
Dogecoin's Wild Ride: A Charts-and-Giggles Exposé on Who Really Got Rekt (It Was Probably You)

Dogecoin’s Wild Ride: A Charts-and-Giggles Exposé on Who Really Got Rekt (It Was Probably You)

June 6, 2025
2025 Déjà Vu? Why This Bitcoin Dump Might Just Be Your 2020 Moment All Over Again

2025 Déjà Vu? Why This Bitcoin Dump Might Just Be Your 2020 Moment All Over Again

June 23, 2025
Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again

Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again

June 10, 2025
Bitcoin Price Analysis & Trading Tips – June 9, 2025

Bitcoin Price Analysis & Trading Tips – June 9, 2025

June 9, 2025
Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL

Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL

June 24, 2025
Crypto Trading Tips for June 5, 2025: Navigating the Binance Spot Market

Crypto Trading Tips for June 5, 2025: Navigating the Binance Spot Market

June 5, 2025
Altseason Is Coming: Time to Saddle Up, Degens

Altseason Is Coming: Time to Saddle Up, Degens

June 20, 2025
Staking: Is it Just a Fancy Ponzi Scheme? Let's Get Real.

Staking: Is it Just a Fancy Ponzi Scheme? Let’s Get Real.

June 11, 2025
Ethereum Price Analysis & Trading Tips: Triangle Squeeze and RSI Shenanigans – WTF Happens Next?

Ethereum Price Analysis & Trading Tips: Triangle Squeeze and RSI Shenanigans – WTF Happens Next?

June 18, 2025

⭐ What Type of Crypto Investor Are You? (v2)

1. How do you DYOR (Do Your Own Research)?

2. Your first reaction to a 10x pump?

3. What’s your opinion on memecoins?

4. Where do you stake your crypto?

5. What’s your exit strategy?

6. How do you pick your next investment?

7. Favorite kind of airdrop?

8. What’s your approach to NFTs?

9. How do you store your crypto?

10. What's your long-term crypto goal?

Crypto News

Bitcoin

Ethereum

Altcoins

Cryptocurrency

Platforms for Copy Trading

Platforms for Grid Trading

Glossary of trading and crypto terms

Crypto Portfolio Tracker

 

Cryptheory Labs Projects

Guest Post for Free

On our website, you can share your opinions and insights. This feature is reserved for non-promotional articles. We are already working on a system for donations and rewarding every author.

This website is here for those of you who want to be at the forefront of innovation and new technologies like Bitcoin. But first, we need to tackle the challenges and survive in the unforgiving world of crypto assets. THIS IS CRYPTHEORY!

Follow Us

  • Terms Of Use
  • Privacy Policy
  • About us
  • Contact us

© 2024 Cryptheory - F**k the forex, we want gains!

Shiba Inu loading
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions

© 2024 Cryptheory - F**k the forex, we want gains!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.