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3 Things That May Move Bitcoin and Crypto Markets This Week
TL;DR
Crypto markets saw a weekend boost following President Trump's comments on a potential US-Iran deal. Key inflation reports this week may impact economic conditions and influence crypto prices.
Key points
- Crypto markets remained flat but saw a weekend boost.
- Trump hinted at a potential US-Iran deal.
- Key inflation reports are expected this week.
Crypto markets have remained flat over the past day, but had a weekend boost after US President Trump hinted that a “largely negotiated” deal with Iran was imminent.
“It also appears further progress has been made toward a 60-day ceasefire extension for the Iran War,” said the Kobeissi Letter.
This week will see key inflation reports, which could put further pressure on the economy and the central bank.
Economic Events May 25 to 29
US markets are closed on Monday for Memorial Day, but there is likely to be some movement in stock futures and crypto as investors digest any US-Iran peace deal agreements.
In his latest statement, Trump was typically evasive.“If I made a deal with Iran, it will be a good and proper one,” he said, countering comments from Sunday suggesting it was almost finalized.
According to Axios, the White House no longer expects an agreement with Iran to be announced on Monday and thinks it could take “several more days.”
Tuesday kicks off the economic data for the week with May’s consumer confidence report, which will reflect the increase in inflation.
Thursday is the big data day, with April’s Personal Consumption Expenditures Price Index (PCE) and first-quarter GDP data.
“Headline spending will be lifted by higher gasoline prices, but otherwise we are likely to see some weakness,” said ING economist James Knightley in a note.
The PCE figures “will do little to ease inflation concerns in an environment where freight costs are rising appreciably in response to higher motor fuel costs,” he added.
Key Events This Week:
US-Iran Agreement Details – Expected Today
US Markets Closed, Memorial Day – Monday
May Consumer Confidence data – Tuesday
April PCE Inflation data – Thursday
US Q1 2026 GDP data – Thursday
April New Home Sales data – Thursday
We…
— The Kobeissi Letter (@KobeissiLetter) May 24, 2026
Q&A
What did President Trump say about the US-Iran deal?
President Trump hinted that a 'largely negotiated' deal with Iran was imminent.
How might inflation reports affect the crypto market this week?
Key inflation reports could increase pressure on the economy and the central bank, potentially influencing crypto prices.
What economic events are happening from May 25 to 29?
US markets are closed for Memorial Day, but stock futures and crypto may see movement as investors react to any US-Iran peace deal agreements.
