Crypto Market Watch: Earnings Reports Dominate This Week
This week's market watch is expected to be driven by earnings reports from several crypto-related companies, including Circle Internet and Hut 8.
Circle Internet, issuer of the second-largest stablecoin USDC, will report its earnings on Wednesday, along with Nvidia, a major player in the AI industry. These reports are likely to fuel discussions over diversification into high-performance computing centers and support for AI.
The US Federal Reserve's actions and upcoming speeches will also have an impact on digital asset markets. Several Fed policymakers will deliver speeches throughout the week, providing insights into the economic outlook and potential implications for cryptocurrency prices.