Bitcoin price has surpassed $60,000 again after days of negativity, signaling a potential bottom. However, it is currently struggling to close above this level. We have seen days where many significant issues have been resolved. Germany’s sales have ended, expectations of the Fed cutting rates twice this year are maturing, and many other major events. So, what will happen in the coming days?
Important Developments in Cryptocurrencies
In the coming days, we will see many new events that concern cryptocurrency investors. As every week, today we will discuss the key events expected to trigger volatility over the next 7 days. We have seen for years what kind of results these developments have on the price charts.
Being aware of the calendar and preparing for upcoming events can trigger significant gains for investors. Investors who are aware of major developments in advance can better understand the reason for price fluctuations and position themselves accordingly. So, what developments will concern the cryptocurrency markets in the coming days?
You can examine the major events expected over the next 7 days, along with their dates, times, and expectations below. Some of these are specific to altcoins, while others could trigger volatility across all risk markets.
Monday, July 15
- 19:00 Powell Speech
- 23:35 Fed/Daly
- ASI Token Merger
- STRK Unlock (36.43 Million $)
- OP (17.2 Million $)
Tuesday, July 16
- 15:30 US Core Retail Sales (Expectation: 0.1%)
- 15:55 US Redbook
- Chromia MVP Mainnet Launch
- ARB Unlock (65.16 Million $)
Wednesday, July 17
- 12:00 European Inflation (Expectation and Previous: 2.9%)
- 16:00 Fed/Barkin
- 16:35 Fed/Waller
- 21:00 Beige Book
- APE (11.5 Million $)
Thursday, July 18
- 15:15 European Central Bank Interest Rate Decision (Expectation: Steady at 4.25%)
- 15:30 US Unemployment Claims (Expectation: 229K Previous: 222K)
- 15:45 European Central Bank (ECB) Press Conference
- 20:45 Fed/Logan
Friday, July 19
- 01:05 Fed/Daly
- 02:45 Fed/Bowman
- 14:40 Fed/Williams
- Reserve Protocol Conference
Attention to Cryptocurrencies
Powell‘s comments on Monday regarding the latest PPI data will be important. Despite the decline in inflation data, the market’s reaction to the abnormal increase in PPI could affect the markets. On the other hand, if there is an abnormal entry into the BTC ETF channel as a result of the attack on Trump on Monday, this could be a significant price catalyst on the upside with the expectation of the November elections. Additionally, within the next 7 days, the SEC has the potential to approve S-1 Forms for a spot ETH ETF. This could trigger activity in altcoins.
