Europe enters a key day for the markets. In the coming hours, preliminary inflation data for the eurozone and statements from members of #BCE will be published, factors that could define the direction of the euro and global liquidity.
An inflationary spike would reinforce the narrative of high rates for a longer period, pressuring risk assets.
However, any signs of economic slowdown could favor the influx of capital towards #bitcoin and #altcoins as an alternative hedge.
Crypto traders should be attentive: volatility can increase rapidly following European macro announcements.