The crypto market experienced a rollercoaster ride last week, with a promising start that quickly turned sour. As investors eagerly awaited Bitcoin's potential new high, the tide turned with Friday's robust US job data, hinting at a hawkish Federal Reserve stance. With the market in a state of flux, all eyes are now on the upcoming events that will shape the crypto landscape.

Investors are bracing themselves for the release of crucial inflation data, including the US Consumer Price Index (CPI) and Producer Price Index (PPI) for May, scheduled for June 12 and 13 respectively. These figures will provide valuable insights into the current inflation landscape in the US, influencing the Federal Reserve's future interest rate decisions.

The FOMC interest rate decision and Fed Chair Jerome Powell's press conference on June 12 will be closely watched, as the market anticipates the Federal Reserve's next move. While a rate cut was previously expected, the recent job data has created uncertainty. The Fed's remarks will play a crucial role in shaping the crypto market's performance this week.

Additional key events include the release of the US Federal Budget and preliminary consumer sentiment data, which will provide further insights into market trends. The European Central Bank's recent interest rate cut has boosted optimism in the crypto market, but the US Federal Reserve's decision will be the key driver of sentiment.

In conclusion, the crypto market is poised for a volatile week ahead, with key economic events set to shape its future performance. Investors are on high alert, awaiting the inflation data, FOMC decision, and Fed Chair Powell's remarks, which will determine the market's trajectory in the coming days.