As every week, this Sunday we discuss significant developments awaiting us in the cryptocurrency markets. These important occurrences, detailed with dates and times, have the potential to trigger volatility across the market, particularly in altcoins. Investors can capitalize on these developments by preparing in advance for events likely to increase volatility.
Key Developments in Cryptocurrencies
Large candlesticks on charts often appear after significant events. Many of these events are predictable, allowing for some degree of forecasting regarding their impact on prices. For instance, last week, we mentioned that the Fed’s interest rate decision and the rise in three-year forecasts could trigger movement, as we witnessed in recent days.
So, what significant developments can cryptocurrency investors expect in the coming days?
September 23, Monday
- 15:00 Fed/Bostic Speaks
- 16:45 US Manufacturing PMI (Expectation: 48.6 Previous: 47.9)
- 16:45 Services PMI (Expectation: 55.3 Previous: 55.7)
- 20:00 Fed/Kashkari
September 24, Tuesday
- 16:00 Fed/Bowman
September 25, Wednesday
- 23:00 Fed/Kugler
- VENOM Key Opening ($25.3 Million)
- European Blockchain Event (September 25-26)
- EOS Hard Fork
September 26, Thursday
- 15:30 US Gross Domestic Product (Expectation: 2.5% Previous: 2.5%)
- 15:30 Jobless Claims (Expectation: 225K Previous: 219K)
- 16:20 Fed Chairman Powell Speaks (Opening speech will be streamed)
- 18:15 US Treasury Secretary Yellen Speaks
- 18:40-19:00 Gensler Speaks at US Treasury Market Conference
- Hamster Combat (HMSTR) Exchange Listings
September 27, Friday
- 15:30 US PCE (Expectation: 2.3% Previous: 2.5%)
- 15:30 US Core PCE (Expectation: 2.7% Previous: 2.6%)
- 20:15 Fed/Bowman
- YGG ($6.29 Million)
Watch for Fed Announcements
Powell will deliver a traditional opening speech, likely shared via video. We may not see anything significant from this talk, but the market could use it for speculative movements beforehand. Announcements from Gensler will be one of the week’s most important events. The recent eToro agreement suggests that assets besides BTC, BCH, and ETH will not be offered to US citizens, indicating ongoing challenges for most altcoins.
PCE data could lead to increased volatility if it surprises, and GDP will be closely monitored. We will track all developments and share their impacts on prices in real-time.
