While the crypto markets made a quiet start next week, investors in Asia turned their attention back into the US-China trade talks. Hong Kong’s Hang Seng Index has exceeded 24,000 points for the first time since March and made a leap of 1.3 %. This rise took place with the increase in high -level trade meetings in London. However, the same optimism was not reflected in crypto beings.

Bitcoin (BTC) followed a horizontal course at the opening of $ 105,000 at the opening of the week. The Doji Candle Formation on Sunday shows that the market has difficulty finding direction. The top -of -chain data confirms this: According to the data provided by Blockchain.com, the transaction volume in the Bitcoin network fell to the lowest levels of the year. The average number of daily transactions went below 315,000 and saw the bottom level of the last 12 months.

The XRP, one of the leading subcoins, declined despite the APEX 2025 conference in Singapore. The XRP, which failed to break the horizontal channel in recent weeks, declines over 1 %and traded for $ 2.24. Dogecoin, on the other hand, decreased to 0.18 dollars, but remained below the last 100 -day average.

One of the reasons for this stagnation is the deflation pressure from China. In May, China’s consumer prices fell by 0.1 %compared to last year, while the decline in producer prices exceeded expectations with 3.3 %. According to experts, this decline reflects not only the weakness in domestic demand, but also the pressure of the US customs tariffs on exports. According to Robin Brooks of the Brookings Institute, China has fully defined, and the current conditions are similar to the 2008 crisis levels.

The Central Bank of China has been trying to provide liquidity to the market by reducing interest rates and necessary provision rates in recent months. However, while the effect of these steps is limited, the possibility of additional incentives is increasingly discussed. Potential -supporting moves from China may be important for the crypto side as well as global markets.

On the other hand, inflation data from the United States will be the decisive development of the week. The Consumer Price Index (CPI), which will be announced on Wednesday, will guide interest policies in the eyes of the markets. Estimates are that inflation will increase to 2.5 %. However, the expectation of an increase in core inflation (2.9%) may cause the Fed to postpone interest rate cuts plans.

Inflation data, which is rising with the effect of tariffs, can create short -term pressure for crypto beings. However, it can also trigger the orientation to alternative beings and bring new support to Bitcoin in the long term.