PANews reported on March 22 that according to Cointelegraph, Iliya Kalchev, an analyst at Nexo digital asset investment platform, said that consumer confidence index, fourth-quarter GDP, initial jobless claims, and the crucial personal consumption expenditure (PCE) inflation data next week are very important. These data may influence the Federal Reserve's interest rate cut decision. The market may now be more confident about the upcoming economic data, and the cooling of inflation and stabilization of economic conditions could further stimulate investors' interest, thereby driving the further rise of Bitcoin and digital assets.
