Upcoming Economic Events That May Affect Cryptocurrency Trends
With significant economic data on the horizon, cryptocurrency markets may experience fluctuations influenced by inflation reports and other key indicators.
A brief yet eventful week awaits in the U.S. economic landscape, with significant focus on crucial inflation reports.
In the previous week, cryptocurrency markets witnessed a downturn but showed signs of slight recovery over the weekend. If the chances of a rate cut gain traction once more, this could bolster the ongoing rebound. Recent employment statistics from the U.S. highlighted stronger-than-anticipated growth; however, the prospects for a rate cut in December have decreased to below 70%, a drop from 90% a month prior.
U.S. technology and AI stocks fell in parallel with cryptocurrency during this downturn. In related news, the Department of Government Efficiency (DOGE) under the Trump administration has been dissolved, according to official sources.
“As the U.S. government reopens, tons of backlogged economic data is being rolled out,” stated the Kobeissi Letter.
Economic Events November 24 to 28
The month concludes with a shortened week due to Thanksgiving, falling on Thursday, followed by Black Friday. As the U.S. government processes a backlog of economic data resultant from the shutdown resolution earlier this month, notable reports are expected.
On Tuesday, a delayed Producer Price Index (PPI) for September will be released, providing critical insights into producers’ input costs, directly correlating with consumer goods and retail pricing. This metric is a leading inflation indicator closely monitored by market participants.
Additionally, September’s retail sales data, November’s Consumer Confidence Index, and October’s pending home sales statistics will be unveiled on the same day.
Wednesday will see the release of the Q3 GDP data, alongside the PCE report from September, routinely employed by the Federal Reserve to gauge inflation trends.
Key Events This Week:
- September PPI Inflation data – Tuesday
- September Retail Sales data – Tuesday
- November Consumer Confidence data – Tuesday
- October Pending Home Sales data – Tuesday
- U.S. Q3 2025 GDP data – Wednesday
- September Durable Goods Orders data…
— The Kobeissi Letter (@KobeissiLetter) November 23, 2025
Crypto Market Outlook
Cryptocurrency markets have become increasingly speculative. The sell-off from the past week cannot be viewed independently, according to Steve Sosnick, chief strategist at Interactive Brokers.
The total market capitalization has reclaimed the important $3 trillion threshold as trading resumed early in Asia on Monday. Nonetheless, the markets are still down 32% from the high seen in October.
Bitcoin briefly challenged the $88,000 mark, demonstrating a stable recovery over the weekend after dipping to $82,000 on Friday, though it remains down 30% from its all-time peak, with most losses occurring in the last two weeks. On the other hand, Ethereum has struggled to surpass $2,850 as the altcoin market continues to suffer.
