Ahmet Bedirhan Arvas 
Crypto markets are entering a critical week with the Binance-SEC case, US inflation, the Fed’s decision, and unemployment data.
Crypto markets and Bitcoin started the week with significant declines. After the recent downturns, investors are closely watching developments that could impact the price of Bitcoin this week. Here are the developments that could closely influence the crypto and economic markets.
The Binance-SEC Case Conference and US CPI Cata will be Released
This week, significant developments are expected in the cryptocurrency markets. On Tuesday, December 12th, an important conference related to the Binance and SEC case will be held.
On the same day, the US Consumer Price Index (CPI) data will also be released at 4:30 PM. The expectation is set at a slight decrease from the previous period, with a rate of 3.1%.
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US PPI Data, Fed Rate Decision and FOMC Press Conference
On Wednesday, U.S. Producer Price Index (PPI) data will be released. The expectation is for a 0.1% increase in PPI. Given the significance of this data following a previous period’s -0.5% decline, it holds importance.
On the same day, investors will be eagerly anticipating the Federal Reserve’s interest rate decision at 21:00, followed by the FOMC press conference at 22:00. Decisions arising from this meeting can impact not only cryptocurrencies but also global financial markets.
According to the latest expectations, the Fed is anticipated to keep interest rates unchanged this month.