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CryptoPotato1 min read
4 Things That Could Move Crypto Markets This Week
TL;DR
Crypto markets saw a slight increase over the weekend, reaching a weekly high. However, upcoming inflation reports and geopolitical tensions may impact market stability this week.
Key points
- Crypto markets gained marginally over the weekend
- Inflation reports could dampen market sentiment this week
- US stock market futures fell amid geopolitical tensions
- Oil prices spiked to around $100 a barrel
- Trump's visit to China is a key focus this week
Crypto markets have gained marginally over the weekend, hitting a weekly high on Monday morning trading in Asia. But this week’s inflation reports could put a dampener on things.
Meanwhile, US stock market futures fell on Monday as Iran War peace talks stalled and President Trump said he does not like Iran’s response to the peace proposal. At the same time, oil prices spiked by around 4% back to $100 a barrel.
Iran has also rejected dismantling its nuclear facilities in its response to the US peace proposal, as the stalemate continues. This week’s focus will also center on Trump’s visit to China and his expected summit with Chinese leader Xi Jinping.
Economic Events May 11 to 15
April’s consumer price CPI inflation data will be released on Tuesday. The report will assess the impact of higher energy costs and the chances of the Federal Reserve cutting interest rates in the coming months.
The PPI inflation report follows on Wednesday, offering more insight into inflationary pressures, which are expected to have increased due to the war in the Middle East.
Other data this week includes April’s existing home sales figures and retail sales data for April on Thursday, which will give signs of whether consumers are confident enough to spend despite higher energy prices. Weekly jobless claims are also due Thursday, and industrial production data on Friday.
Key Events This Week:
April Existing Home Sales data – Monday
April CPI Inflation data – Tuesday
April PPI Inflation data – Wednesday
OPEC Monthly Report – Wednesday
April Retail Sales data – Thursday
April Industrial Production data – Friday
More crucial…
— The Kobeissi Letter (@KobeissiLetter) May 10, 2026
“For incoming Fed Chair Kevin Warsh, these [jobs] numbers are likely to kill off any prospect of a near-term rate cut,” said Nick Rees, head of macro research at Monex, according to the WSJ.
“A resilient labor market raises the risk that rising energy costs will translate into a broader-based increase in price growth,” he added.
Q&A
What economic reports are expected to affect crypto markets this week?
April's consumer price index (CPI) inflation data is set to be released on Tuesday, which could influence market reactions.
How might President Trump's visit to China impact crypto markets?
Trump's visit and summit with Chinese leader Xi Jinping could create market volatility due to geopolitical tensions.
What are the implications of Iran's response to the US peace proposal on the markets?
Iran's rejection to dismantle its nuclear facilities and stalled peace talks may contribute to increased market uncertainty and affect oil prices.
