Cryptocurrency market rises sharply: The cryptocurrency community is witnessing a significant increase in recent days. This is due to Trump’s victory and an increase in interest from major financial institutions. Favorable market factors also contribute to boosting the value of cryptocurrencies.

Major economic events this week: The market is preparing to receive important economic information from the US this week. Data such as the PCE index, FOMC minutes, and Q3 GDP figures will strongly impact the financial market prices. Investors are anxiously following this information.

Spending cuts and GDP growth: The Efficiency Government led by Elon Musk is focusing on reducing federal spending. This draws attention from investors. Additionally, the GDP growth forecast for Q3 stands at 2.8%, down from 3% in Q6.

Inflation and Fed’s strategy: The PCE index report is expected to increase by 0.2% in October. The Federal Reserve (Fed) is considering additional stimulus measures. Fed Chairman Jerome Powell emphasizes achieving a 2% inflation target as a top priority.