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Crypto Week Ahead: Warsh and CPI Are the Binary Catalysts for Bitcoin

Published July 13, 20263 min read
Crypto Week Ahead: Warsh and CPI Are the Binary Catalysts for Bitcoin

Bitcoin enters the week of July 14 at $62,771, down about 1.7% over the past 24 hours, with the Fear and Greed Index sitting at 28 ("Fear"). Two macro events in the next four days will likely determine whether that number climbs or breaks lower: Fed Chair Kevin Warsh's inaugural congressional testimony on July 14-15, and the release of June CPI data on July 16. This is not a typical week for crypto. Key Takeaways Bitcoin trades at $62,771 as of July 13, with the Fear and Greed Index at 28 ("Fear"), reflecting cautious sentiment heading into a macro-heavy week. Fed Chair Kevin Warsh testifies before Congress on July 14-15; a dovish tone could push BTC toward the $64,000-$65,000 range, while a…

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Crypto Week Ahead: Warsh Testimony and CPI Are the Binary Catalysts for Bitcoin | MarketIntelLabs