Crypto Markets Prepare for Critical Week Ahead with US-Iran Agreement and Inflation Data

Crypto markets are entering a critical period with multiple macro events scheduled for release this week. The US-Iran agreement details are expected today, followed by the Memorial Day holiday in the US.

The key events of the week include the April PCE inflation data and Q1 GDP figures, both of which will be released on Thursday. These numbers will provide insight into the current state of the economy and may influence Fed policy decisions.

BTC traded at around $76,700 at press time, showing a 2% increase in the past 24 hours and 2% decline in the past week. ETH traded at around $2,100 (based on crypto.news data).