4 Things That May Move Crypto Markets Further This Week
Crypto markets have tanked once more, with Bitcoin dropping greater than $3,000 in an hour or so, wiping out all weekend good points.
Donald Trump has been on the tariff warpath once more, imposing a 15% world tariff after the Supreme Court found on Friday that his sweeping tariffs exceeded his authority.
“Meanwhile, geopolitical tensions stay elevated between the US and Iran, with oil markets on edge,” commented the Kobeissi Letter.
Economic Events Feb. 23 to 27
Markets are already digesting the newest spherical of tariffs along with the elevated geopolitical tensions within the Middle East, with crypto markets tanking 4% on Monday morning.
Tuesday will see the discharge of February’s Consumer Confidence information, which sheds gentle on client sentiment and potential spending patterns. Sentiment fell to its lowest degree since 2014 in January as individuals had been principally involved about employment situations in the course of the first month of the brand new yr.
Thursday will see preliminary jobless claims, which paint a transparent image of pressures on the labor market, one of many Federal Reserve’s two mandates for financial coverage. Friday will see the discharge of the January Producer Price Index (PPI), which is a measure of wholesale Inflation, the Fed’s different mandate. However, it’s unlikely to maneuver the Fed off its wait-and-see method.
Key Events This Week:
1. Markets React to Trump’s 15% Global Tariff – Monday
2. February Consumer Confidence information – Tuesday
3. Nvidia, $NVDA, Reports Earnings – Wednesday
4. Initial Jobless Claims information – Thursday
5. January PPI Inflation information – Friday
6. Total of 11 Fed…
— The Kobeissi Letter (@KobeissiLetter) February 22, 2026
Wednesday’s Nvidia earnings report may additionally rattle the AI sector if demand for the agency’s chips seems to be waning, although that is unlikely.
Crypto Markets Tank Again
A pink Monday morning has seen whole capitalization erase weekend good points with a 4% decline to $2.31 trillion. Bitcoin tanked from $67,600 to only under $65,000 in a few hours and stays across the $65,000 degree on the time of writing.
The asset is now down greater than 5% on the week and at help on the backside of its range-bound channel. Ether costs noticed related losses, tanking to $1,860, its lowest degree since February 6. Meanwhile, altcoins proceed to bleed out with bigger losses for Solana, Cardano, Hyperliquid, and Chainlink.
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