Cryptocurrency markets are preparing for a week full of important developments. In the week that started with the US markets being closed on Monday, important events such as Binance’s decision to delist four cryptocurrencies and the listing of Starknet on the Binance platform attract attention. In addition, expected developments such as the Fed’s meeting minutes and the CBRT’s interest rate decision are on the week’s agenda. This week will also see multi-million dollar unlockings of various cryptocurrencies. As a result, all these developments will cause significant price movements in the cryptocurrency markets.
Important developments are taking place for crypto markets
Coin markets are facing important developments this week. With the US markets closed on Monday, investors will face a busy agenda starting from Tuesday.
- Binance Delist and Listing: Binance exchange will take action on Tuesday. Because it will delist ANT, MULTI, VAI and XMR cryptocurrencies. On the same day, Starknet (STRK) cryptocurrency will be listed on Binance.
- DYDX Lock Opening: $1.82 million in DYDX will be unlocked on Tuesday. This causes the supply to the market to increase and the price to be affected.
- Fed and CBRT in Focus: Important statements will be made by Fed officials Bostic, Bowman and Powell on Wednesday. Fed Meeting Minutes are also made available for publication in the evening of the same day. The CBRT interest rate decision is eagerly awaited on Thursday.
- US Data and Unlocks: Applications for unemployment benefits, production PMI and services PMI data from the USA are being followed on Thursday. The unlocking of AVAX ($382 million) and ID ($11.1 million) on the same day also has the potential to create activity in the market.
- Fed Statements on Friday: Statements from Fed officials Cook, Kashkari and Waller on Friday will direct the markets. IMX ($3.87 million) unlocking will also take place on Friday.
Investors should be careful
In conclusion, next week is full of a very busy agenda for cryptocurrency markets. Many developments such as Binance delists and listings, important statements of the Fed and CBRT, US economic data and key expansions will affect the markets. It is important for investors to follow these developments closely and plan their investments accordingly.
This busy agenda causes fluctuations in cryptocurrency markets. Investors are advised to manage their investments by considering the risks and following the developments in the market. This busy agenda causes fluctuations in cryptocurrency markets. It is recommended that investors follow these developments closely and plan their investments accordingly.
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