According to Crypto Rover, Jerome Powell is scheduled to speak today at 11:30 AM ET, addressing inflation data and the market outlook. Traders are advised to brace for massive volatility as Powell's commentary could significantly influence cryptocurrency market trends.

According to WallStreetBulls, the cryptocurrency market, including XRP, is expected to experience increased volatility in April 2025 due to significant economic events. Notably, April 4 will see the release of unemployment data, and April 10 will bring inflation data, both of which could impact market trading dynamics. These events suggest traders should prepare for heightened market fluctuations.

According to The Kobeissi Letter, the Atlanta Fed has updated their Q1 2025 GDP estimate to -0.5%, or -2.8% when accounting for gold imports and exports. This marks the first anticipated GDP contraction since 2022, signaling potential economic challenges ahead.

According to The Kobeissi Letter, the Atlanta Fed has updated their Q1 2025 GDP estimate to -0.5%, or -2.8% when considering gold imports and exports, marking the first expected contraction since 2022.

According to The Kobeissi Letter, S&P 500 futures have fallen by 120 points from their high, marking a significant reversal after the CPI inflation report. This movement indicates a strong market reaction to inflation data, potentially affecting trading strategies in the short term.

According to The Kobeissi Letter, Bitcoin has surged above $84,000 after the U.S. Consumer Price Index (CPI) inflation fell more than expected. This significant movement in Bitcoin's price is directly linked to the latest inflation data, indicating a potential shift in investor sentiment towards cryptocurrencies as a hedge against inflation.

According to Skew Δ, Bitcoin is experiencing very tight consolidation, with $98K acting as a clear resistance level. The market needs to show real strength above this level and a higher high (HH) to target higher prices. Support levels are identified between $94K and $92K, supported by market demand. Current market movements are being influenced by inflation data, which traders should closely monitor. (Source: Skew Δ on Twitter)