Crypto Market Outlook: Key Events to Watch This Week

As April comes to a close, the markets are bracing for a series of significant macro events. The interest-rate policies of four major central banks - the Bank of Japan, the US Federal Reserve, the European Central Bank, and the Bank of England - are set to be announced this week. Additionally, a range of US data releases, including first-quarter GDP and March PCE inflation, are expected, alongside earnings reports from major companies such as Visa, Mastercard, Robinhood, and key tech players. According to Markus Levin, Co-founder of XYO, bitcoin is entering the week with substantial momentum, but the Fed's decision to maintain interest rates, coupled with persistent inflation, may reinforce a hawkish tone and potentially lead to a short-term pullback to the $72,000-$74,000 range. Levin also emphasized the importance of tech giants' earnings and the US-Iran talks in shaping market sentiment, with the latter influencing oil and dollar movements.