This week, significant events are expected on the cryptocurrency market that could impact Bitcoin and altcoins. These events include the release of key economic data from the US and debates between Donald Trump and Kamala Harris.
US Economic Data
Singapore-based cryptocurrency company QCP Capital notes that the release of the Consumer Price Index (CPI) and Producer Price Index (PPI) data this week could influence market volatility.
Trump-Harris Debate
Analysts point out that the debates between Donald Trump and Kamala Harris, scheduled for September 10, could also be a factor contributing to market changes.
Long-Term Trends Forecast
Despite expectations of short-term declines, QCP Capital notes that long-term sentiment among investors remains bullish. Large buyers purchased BTC call options for March 2025 at expiration prices of $85,000, $100,000, and $120,000.
Amid anticipation of important events, the cryptocurrency market shows signs of caution. However, long-term forecasts remain positive, indicating continued investor interest in Bitcoin and other cryptocurrencies in the future.
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