Why trust?
Editorial policy that is strict and focuses on accuracy. Relevance, and neutrality
Expertly crafted by experts in the industry and thoroughly reviewed
Reporting and Publishing at the highest level
A strict editorial policy that emphasizes accuracy, relevancy, and impartiality
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
The US economy is at center stage, and there are also oil-market guidance dates due. It’s a week of heavy data that can determine whether Bitcoin’s consolidation tightens up and if it reaches new highs.
Crypto Market Gears Up for Major Week
The Consumer Price Index (CPI) for July is released at 08:30 ET on Tuesday August 12. Bloomberg’s survey indicates a core CPI increase of 0.3% m/m. However, several desks predict a CPI headline at 2.8% y/y and 0.2% month over month after 2.7% for June.
Cleveland Fed’s Real-Time Nowcast was in the ballpark of the previous year prints. The headline print showed 2.7% and the core print showed 3.0%. The schedule is official; the nuance is that a 0.3% core m/m is consistent with core holding near 3% y/y, which markets would read as sticky but not re-accelerating—until tariffs or energy change the calculus.
The producer prices will be released on Thursday, 14 August at the same time of CEST (13:30 ET) and also in CEST. PPI demand is expected to be near 0.2% m/m, after June’s flat reading. Bureau of Labor Statistics confirms the new methodology and timing. Taken with CPI, a 0.2% PPI would imply only modest pipeline pressure—unless services margins surprise.
Read Related Articles
Retail demand will be read out Friday at 8:30 am ET, 14:30 (CEST). Many desks are also keeping an eye on the control group to see if it has a stable goods spending pulse following June’s 0.5%. At 16:00 CEST (10:30 ET), University of Michigan releases its preliminaries for August. A July improvement in the low 60s was the basis. These are not binary decisions for crypto. However, a strong sales performance against an 0.3% CPI will make it harder to hold. “higher-for-longer” Rate chatter. A cooler mix will do the opposite.
The wildcard is energy. The OPEC Monthly Oil Market Report will be published on Tuesday, August 12. July’s report had kept the 2025 growth rate at 1.3 mb/d. The IEA’s portal and OPEC calendar have the exact release dates.
Read Related Articles
Crypto-native flows FTX’s estate The next cash-distribution cycle is expected to start on or around September 30th 2025. This step will be funded through a $1.9B court-approved reduction in the reserve for disputed claims (to $4.3B), with payments being made via BitGo. Kraken Payoneer will be used for all eligible claimants that have completed the onboarding process. In practice, this means that Aug. 15, determines the order of claimants; actual cash is received at quarter end.
The catalyst for Ethereum is the corporate-treasury perspective. SharpLink Gaming (Nasdaq: SBET)—which has been publishing weekly accumulation tallies—will hold its Q2 2025 call on Friday, August 15, at 14:30 CEST (08:30 ET). On August 3 the company reported 521 939 ETH as its balance sheet. They are also continuing to raise capital in order to grow that treasury. Changes in the pace of the project, stake strategy or mix of financing could affect its value. “ETH as a balance-sheet asset” narrative.
Bitcoin technically is a mere tenth of a cent away from its record high in July, which was $123,153. Aksel Kibar, CMT, characterized This week, we’ve taken a break. “a text-book pullback to the neckline,” Add that “monitoring the chart for acceleration this week. Breach of 123.2K (minor high) can resume uptrend.”
BTC is currently trading at $121 699.
Featured image was created with DALL.E chart by TradingView.com
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: www.newsbtc.com
