The week starts with volatility driven by major macro headlines and weekend events, putting pressure on $BTC
👉 Tariffs and Trade
Donald Trump introduced new global tariffs, first at 10% and later increased to 15%. Since the legal limit is 150 days, the summer becomes a crucial deadline
At the same time, after old tariffs were canceled by the Supreme Court, companies are preparing claims for about $175B in refunds
👉 US vs Iran
Rising tensions between the U.S. and Iran are pushing oil prices higher. Expensive oil makes rate cuts harder for the Fed and reduces overall risk appetite in markets
👉 Macro Calendar
• Monday - Waller speech (reaction to recent macro data) • Tuesday - 15% tariffs take effect • Wednesday - Nvidia earnings (expected revenue ~$65B; strong results may ease stagflation fears) • Friday - PPI release, a key inflation metric
👉 Crypto is caught between macro pressures and upcoming catalysts like tariff outcomes and possible Fed leadership changes
Liquidity cycles remain important, and crypto usually benefits when risk appetite returns