Macro Data and Oil Prices Set to Dominate Crypto Market

The crypto market is expected to focus on several key indicators this week, including PCE inflation, initial jobless claims, and housing data.

These metrics will be closely watched by the Federal Reserve as it considers whether to cut interest rates. Prediction markets are currently indicating a higher probability of keeping rates unchanged in June.

Oil price fluctuations may also impact risk assets, particularly if energy prices continue to rise.