Top 4 Crypto Market News This Week: US-Iran, Macro Data, ETF Inflows, Unlocks

Key Insights

• The crypto market wavered on Monday ahead of a busy market week.
• There are rising odds that the US and Iran will reach an agreement.
• The US will publish some important macro data this week.

The crypto market traded cautiously on Monday as investors monitored geopolitical talks and upcoming U.S. economic data. Bitcoin remained below $77,000, while the total crypto market capitalization held near $2.56 trillion.

Crude oil prices also declined sharply after reports suggested the United States and Iran were nearing a broader agreement tied to the Strait of Hormuz. Traders now expect macroeconomic data and ETF flows to shape short-term crypto direction during the week.

Crypto Market Watches U.S.-Iran Developments

The crypto market will react to the potential announcement between the US and Iran, which have been in a 47-day ceasefire. In a statement during the weekend, President Donald Trump noted that the US and Iran were nearing a deal that would reopen the Strait of Hormuz.

A deal between the two countries will lead to lower crude oil prices and inflation in the near term. Indeed, Brent and the West Texas Intermediate (WTI) dropped to $95 and $91, respectively. This explains why global and US bond yields continued moving downwards.

These events will be beneficial for crypto prices for three main reasons. First, it will lower the chance that the Federal Reserve will either cut interest rates or maintain them higher for longer. In a statement on Friday, Christopher Waller, a top Fed bear, warned that interest rates would need to rise if inflation continued to rise.

Second, it will trigger a risk-on sentiment in the market. Indeed, the announcement itself pushed crude oil and the US dollar index lower, and global stocks higher, with the Nikkei 225 and S&P 500 indices rising to their highest levels on record. This, in turn, would see investors pile into crypto assets, including inflows.

Third, the crypto market would benefit as investors rotate from safe havens to riskier ones.

US Macro Data

The crypto market will react to the upcoming US macro data that will have an impact on the Federal Reserve. For example, the US will publish the latest consumer confidence report on Tuesday. Analysts expect this report to show that confidence dipped sharply in May as inflation remained at an elevated level. There are also concerns about the labor market.

The most important US macro data will be the upcoming US PCE report, which will come out on Thursday. This is crucial data because it measures change in prices in rural and urban areas and is the Federal Reserve’s preferred inflation gauge.

A higher inflation figure than expected will drive investors to predict higher interest rates in the longer term. Besides, Fed minutes released last week showed that some Fed officials were open to hiking interest rates if inflation remained elevated.

Still, while important, these numbers don’t move the market a lot since investors often focus on the headline and core consumer price index (CPI) figure.

Bitcoin ETF Flows Remain Under Pressure

Institutional flows also remain a major focus across crypto markets. Data showed spot Bitcoin ETFs recorded more than $1 billion in net outflows last week. Spot Ethereum ETFs also posted heavy withdrawals during the same period.

BTC ETFs have suffered strong outflows | Source: SoSoValue

On the other hand, top altcoins like Solana and XRP have had substantial inflows in the past few weeks, even as their tokens continue consolidating.

Token Unlocks Could Add Volatility

Traders will also monitor several token unlock events scheduled this week.

Undead Games plans to release 3.18 million UDS tokens on Wednesday. Treehouse will unlock 15.6 million tokens, while Axelar will release approximately 13.5 million tokens into circulation.

Audius is also expected to unlock roughly 21.25 million tokens valued near $23 million.

Additional unlocks tied to Wayfinder, Forex Protocol, and Origin Protocol remain scheduled throughout the week.

Historically, large token unlocks often pressure prices because circulating supply increases rapidly once restrictions expire.

That risk remains elevated while overall crypto market sentiment stays fragile ahead of macroeconomic data and ETF flow stabilization.

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