The cryptocurrency market is poised for a volatile week as key economic indicators and corporate earnings reports loom. Nvidia is set to release its Q4 earnings on February 25, which could significantly impact AI-related cryptocurrencies like Near Protocol and Bittensor. Additionally, the U.S. Producer Price Index (PPI) data, scheduled for release on Friday, will be closely watched for inflation signals that could influence market sentiment.
The crypto fear and greed index has plummeted to 5, indicating extreme fear, a level not seen since major market downturns like the COVID crash and the FTX collapse. This sentiment is compounded by a shift in CME smart money positions, suggesting a potential Bitcoin reversal. Meanwhile, the odds of the Clarity Act passing in 2026 have dropped from 72% to 42%, as opposition from banks over stablecoin regulations intensifies.
Market participants are bracing for potential sharp movements, with the PPI and Nvidia earnings likely to dictate the direction. A positive outcome in both could spur a market rally, while disappointing results may exacerbate the current decline.
Crypto Market Eyes PPI, Nvidia Earnings Amid Clarity Act Uncertainty
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