Cryptocurrency market analysts warn that a break below the 60,000 dollar level in Bitcoin could trigger a new wave of severe volatility and forced selling. Options market data on the Deribit platform shows a large concentration of contracts positioned for a drop below this level, and if prices fall, liquidations and deleveraging could be activated in a chain reaction. Some institutions, including Standard Chartered, have even raised the possibility of a decline toward the 50,000 dollar range, while Michael Burry has warned about the risk of a downward spiral. At the same time, shares of Coinbase Global Inc., despite a temporary rebound, are still significantly lower than last year, reflecting an overall weakening in crypto market sentiment.

This week, in addition to US GDP and PCE reports, inflation and employment data from the United Kingdom, the New Zealand central bank meeting, and Canadian inflation data will be released. The Bank of England is watching inflation and labor market data to determine the path of monetary policy. This week’s inflation report is considered the most important data ahead of the March meeting, and January inflation is expected to remain around 3%, still above the central bank’s 2% target. In Canada, inflation, currently around 2.4%, likely increased slightly in January, but price pressures are still assessed as mild and are expected to remain close to the 2% target.

Abbas Iraqchi, Iran's foreign minister, arrived in Geneva a few minutes ago for a new round of diplomatic consultations. According to informed sources, he is scheduled to meet and discuss with Rafael Grossi, Director General of the International Atomic Energy Agency, as well as the Omani foreign minister on Monday. What distinguishes this trip from the usual nuclear negotiations are speculations about Tehran's strategic change. According to unofficial news, Iraqchi has traveled to Geneva this time with a different agenda; his accompanying team apparently has the mission to activate the economic annex of the negotiations.

Westpac Bank stated that the strong US economy and the high wealth of households have sustained consumption and slowed the pace of inflation reduction. Low unemployment and wage growth indicate that demand is still strong, and price pressures, especially in the services sector, continue. For this reason, the bank predicts that the Federal Reserve will likely postpone its last interest rate cut until June 2026. This assessment is contrary to market expectations for faster rate cuts and indicates ongoing uncertainty in the US monetary policy path.