İnflation

The US annual inflation rate was 8.6 percent, the highest level in the last 40 years, and the May inflation rate was announced as 1 percent. After the announcement of inflation figures in the crypto money markets, a downward volatility occurred, while the total market value decreased to $ 1.81 trillion. During the day, the total value stood at an average of $1.21 trillion.

Bitcoin billionaires Ricardo B. Salinas and Orlando Bravo warned about the dangers of inflation in the US dollar at the Bitcoin 2022 conference in Miami.

The US's March jobs report will be released on Friday, making it the last monthly jobs report ahead of the Fed's May meeting. Inflation will be updated in a week when the economic calendar is busy. Developments in Ukraine and oil prices will continue to shape the market sentiment as the first quarter draws to a close.

Tugba Telis, a futures and commodity markets expert, stated that Russia's nickel exports last year alone amounted to over 3 billion dollars and said "The sanctions announcements have led to concerns that the nickel supply will be adversely affected even if the war is over."