Crypto
Bitcoin and XRP Price Volatility Expected This Week Amid Key Economic Events
The upcoming week will be crucial for Bitcoin and XRP price movements due to three key events. The US inflation data for July 2026 is scheduled to be released on August 12, which could reinforce the odds of the Federal Reserve leaving interest rates unchanged at the September FOMC meeting.
This could lead to gains for both Bitcoin and XRP prices. Analysts expect the level of inflation to drop from 3.5% in June 2026 to 3.4% in July 2026, according to MarketWatch.
Additionally, two Fed Governors will give speeches this week, which could affect the odds of the Fed hiking interest rates in September. The US-Iran conflict is also expected to move BTC and XRP prices due to President Trump's statement on exerting economic pressure on Iran.