The cryptocurrency market is poised for a significant shift this week as key macroeconomic events are set to release major economic data releases and earnings reports that will shape the global economy. 7-day data, including Nvidia’s Q2 earnings report, US GDP, consumer sentiment, and PCE inflation, will drive volatility in crypto markets, impacting the trajectory of digital assets for weeks to come. The potential for this volatile week is significant. Analysts anticipate a surge in new home sales following an uptick in the rate from 627,000 to 632,000, suggesting increased consumer spending and economic growth. While this could bolster investor confidence in traditional assets, potentially leading to capital outflow, the market may see short-term downward pressure on crypto prices if this data comes in stronger than expected, especially for Bitcoin.