4 Things That Could Move Crypto Markets in The Week Ahead

Key Points

1. The Federal Reserve's two-day policy meeting on July 30 is a major focus, with expectations that the borrowing rate will remain steady at 4.25% to 4.50%.

2. US President Trump reached trade deals with the EU and Japan, including a 0% tariff agreement and commitments for the EU to buy US energy and automobiles.

3. Bitcoin recovered from a Friday slump, reaching $119,754 and nearing its all-time high, while Ethereum gained 3% to over $3,900.

4. Altcoins like Binance Coin (BNB), Bitcoin Cash (BCH), and Avalanche (AVAX) showed strong performance, with BNB hitting an all-time high of $850.

5. The Personal Consumption Expenditure (PCE) price index report is scheduled for August 1, providing insights into inflation trends.