The European economy released at 09:00 GMT, its final reading of for July's CPI, which rose by 1.0%, its lowest since November 2013, lower than forecasts of 1.1%, while preliminary reading showed a rise by 1.1, and in June it rose by 1.3%.
The core reading rose by 0.9%, in line with forecasts and the preliminary reading, while loser than June's reading of 1.1%. This statement is negative for Euro.
Bitcoin jumped by more than 4% in spot trading today, to extend gains for the second straight day, to trade again above the $10,000 barrier, as demand improved, especially after the official announcement of Bakkt's launch date, which is the largest platform for Bitcoin futures.
At Bitstamp, Bitcoin rose by $435 or 4.2%, to $10,753, from the opening of $10,318, with a low of $10,267.
Bitcoin rose 1.1% on Sunday, its third gain in the last four days, within its attempts to recovery from 2-week low at $9,467.
Bitcoin shed 10.5% over the past week, its first weekly loss in the last three weeks, due to regulations concerns in the US.
These concerns were renewed after the US Securities and Exchange Commission (SEC) delayed its decision on the launch Bitcoin ETFs offered by VanEck, Bitwise and Phoenix.
The total market cap of cryptocurrencies rose by about $7 billion to a total of $279 billion, with most cryptos rising led by Bitcoin.
Bakkt CEO Kelly Loeffler, announced launch date of the platform at September 23rd, after it got approved in the United States.
Bakkt, which is the world's largest digital platform for Bitcoin futures, began trial operations on July 22 and aims to provide the confidence that crypto exchanges lack in providing financial services to institutional investors.
The Bakkt platform was scheduled to launch during the first quarter of this year, but the delay was due to consultations with the US Commodity Futures Trading Commission, as the platform will settle its futures using Bitcoin instead of paper currencies.
Euro rose against a basket of currencies today, trying to recover from a 2-week low against US dollar, to notch its first gain in the last 5 days, on investors' aversion from high-yielding currencies, ahead of the US decision about the Chinese company Huawei, and the release of July's inflation data in Europe.
EUR/USD rose by about 0.15% to $1.1107, from the opening of $1.1092, with a low of $1.1087.
Euro fell by 0.15% against dollar on Friday, in its fourth consecutive daily loss, hitting a 2-week low at $1.1066, on recession fears over the European and German economies during the third quarter of this year.
During last week, Euro shed 1% against dollar, its fourth weekly loss in the last five weeks, as market's bets increased for the ECB to cut interest rates after weak data.
Markets are anticipating the US decision today on allowing Huawei to buy supplies from US companies.
As the market's sentiment and risk appetite will improve if the US allowed Huawei, which will pave the way for US-China trade agreement.
Investors are also anticipating important European inflation data, with the final reading of July's consumer prices, and in case of weak data market's bets will be boosted for the European Central Bank to cut interest rates during its September meeting.
At 09:00 GMT, the final reading for the European CPI is expected to rise by 1.1% compared to 1.3% in June, while the core reading (excluding food and fuel products) is expected to rise by 0.9% compared to 1.1%
Silver futures fell by almost 1% as the Asian market opened today, to bounce from their highest level since January 26th 2018 for the third session in five, as US dollar rose, according to the inverse relation between them, with a lack of economic data by the US economy in the beginning of this week, which will witness the release of the last US Fed meeting minutes and the launch of the Jackson Hole Symposium in addition to Fed Governor Jerome Powell's speech next Friday.
As of 05:52 GMT, silver futures (September delivery) fell by 0.88% to $16.98 an ounce from the opening of $17.13, a while US dollar rose by 0.04% to 98.21 from the opening of 98.17.
Investors anticipate the US Federal Reserve Vice Governor Randall Quarles' speech on community development at the Utah Center for Stabilization of Neighborhoods in Salt Lake City on Tuesday, ahead of the release of July's FOMC meeting minutes.
During the last Fed's meeting in Washington at July 30-31, US monetary policymakers cut interest rates for the first time in more than a decade by 25 basis points to between 2.00% and 2.25%, in line with forecasts, while stressing that the cut came to support the growth pace and to counter weak inflation signs due to trade protectionism.
Markets are also anticipating the launch of the US Federal Reserve's Jackson Hole Economic Symposium by next Thursday, which will be attended by global central bankers and finance ministers as well as academics and financial market participants from around the world, while on Friday Fed's Chair, Jerome Powell, will deliver a speech titled "Challenges of Monetary Policy".