Entering Critical Week: These Developments Will Be Followed This Week For Bitcoin And Cryptocurrency Prices!

bitcoin and other cryptocurrency After a week in which prices were generally on the rise, crypto investors focused on the next week’s economic developments to follow.

As it is known, with the banking crisis in the USA, the price of Bitcoin saw above $ 28,000 this week.

Here are the important economic data that crypto investors should follow closely this week.

Monday, March 20

17:00 – European Central Bank President Lagarde to Speak

19:00 – European Central Bank President Lagarde to Speak Again

The process that started after Credit Suisse fell into an extremely difficult financial situation in Europe remains on the agenda due to the concern that the crisis may spread to other European banks.

For this reason, the speeches of the President of the European Central Bank, Lagarde, will be followed closely.

Tuesday, March 21

15:30 – European Central Bank President Lagarde to Speak

18:30 – Andrea Enria, Chairman of the Supervisory Board of the European Central Bank, to Speak

Wednesday, March 22

11:45 – European Central Bank President Lagarde to Speak

21:00 – FED Rate Decision (Expectation: 25 Base Points Rate Increase)

21:30 – US Federal Open Market Committee (FOMC) Press Conference: Jerome Powell to Speak After Rate Decision

Since daylight saving time is implemented in the USA, the Fed’s interest rate announcement and FED Chairman Jerome Powell’s speech will take place at 21:00 and 21:30 instead of 22:00 and 22:30. Cryptocurrency followers should pay attention to this.

Thursday, March 23

15:30 – US Initial Unemployment Claims (Expected: 199,000, Previous: 192,000)

*Not investment advice.