Crypto: Week of truth with Fed and global inflation

This week may shake the financial markets as a cocktail shaker. Between the publication of the Fed minutes, inflation figures in Japan and the United Kingdom, and the results of crypto-key companies, volatility could reach heights. Bitcoin will not escape it: Semler Scientific, which puts everything on cryptocurrency, and Riot Platforms, major actor in mining, will publish their quarterly performance. Suffice to say that the traders will have cold sweats.

The Fed facing the dilemma of inflation

On Wednesday, the American central bank will open its notebook. Investors hope to read there between the lines Fed's strategy in the face of inflationwhich makes resistance. Since the latest data exceeded expectations, markets have doubted the Fed's desire to lower its rates quickly.

And if the institution displays a cautious toneit could well shower the enthusiasm of investors, who counted on A more accommodating policy To support risky assets, including Bitcoin.

As Ryan Lee, chief analyst at Bitget Research: points out:

“” Changes in interest rate policies can have a significant impact on bitcoin and digital assets; Lower rates push investments to cryptocurrencies for higher yields, while higher rates discourage investments due to the increase in borrowing costs and better yields elsewhere. »»

Weeks shortened by public holidays, like this in the United States with The Presidents Dayare often synonymous with reduced exchanges volumes. Translation ? A simple declaration a little too muscular in the Fed minutes could cause violent upheavals on the markets, including on the BTC.

Inflation: the United Kingdom and Japan in turmoil

While the Fed will take light, Inflation will play spoilsports elsewhere. In January, The price increase has been thrilled in the United Kingdom and Japanforcing their central banks to review their plans.

• In the United Kingdom, consumer prices would have jumped 2.8 % over a year, a hard blow for the Bank of England, which hoped to blow a little;
• The new taxes on private schools and the increase in plane tickets have not arranged anything;
• The Bank of Japan sees its inflation reaching 3.1 %, unheard of for 17 months;
• To calm the spirits, the Japanese government draws a radical solution: release 210,000 tonnes of rice from its reserves in order to contain the outbreak of food prices.

If these inflationary tensions persist, they could delay monetary easing policies and, by ricochet, complicate the task of crypto investors.

Bitcoin: Semler and Riot under the spotlight

In the crypto universe, two actors attract all eyes: Semler Scientific and Riot Platforms.

SEMLER, a company unknown so far, caused a sensation with its Massive Bitcoin purchasing strategy. Between January 11 and February 3, she acquired 871 BTC for $ 88.5 million, bringing her total stock to 3,192 BTC. Enough to overshadow Microstrategy.

Its action, it arouses the interest of investors, like Paxb which recently declared:

“I strengthen my position in $ SMLR. It is a good project that saves in Bitcoin and which is undervalued ”.

For its part, Riot Platforms, the mining giant, will unveil its results on Saturday. Analysts anticipate a loss of $ 0.18 per sharea clear improvement compared to $..54 in the previous quarter. But Riot is used to thwarting the forecasts: over the past 12 months, she has exceeded expectations in half of the cases. A positive surprise could give a boost to the BTC.

All of this only confirms that macroeconomic winds are blowing hard on Bitcoin. The Fed, inflation and the great actors of the crypto will play a crucial role this week. As a colleague recalled, five factors may well explode or collapse the BTC in the coming days. Beware of tremors!