This week's news is mostly about the economy, not cryptocurrencies directly! The stock market went down a bit because of worries about inflation (prices going up) and slower economic growth. Big companies like Walmart had some disappointing news. But there's good news too!
- Inflation might be slowing down a little.
- A big tech company, Nvidia, is expected to do very well.
- Experts think the Federal Reserve (the US central bank) won't lower interest rates soon.
| Fact | Number |
|---|---|
| Nvidia's expected earnings increase | 63% |
| Nvidia's expected revenue increase | 73% |
| Projected core PCE inflation (January) | 2.6% |
This economic news indirectly impacts cryptocurrencies, but there weren't any major crypto-specific events this week.
