As always, the cryptocurrency market is at the center of important developments with its dynamism and speed. This week, investors are preparing for a week full of highly anticipated announcements, important decisions and economic data. Let’s take a look at the main developments that may affect the crypto market in the coming days:
Monday
At the beginning of the week, Hashflow is expected to make a big announcement. While the crypto community is eagerly awaiting the direction of this announcement, HFT token holders are eager to see the impact of the announcement on prices.
Tuesday
On Tuesday, the Fetchai project is expected to make an important announcement. Altcoin holders hope to gain access to new information about the future and developments of the project. Additionally, the US Securities and Exchange Commission (SEC) will announce its decision on the Fidelity Spot Ethereum ETF. This decision could have a pretty big impact on the crypto market.
Wednesday
In the middle of the week, Federal Reserve Chairman Powell’s speech and the publication of the US Beige Book are expected. Additionally, the Avalanche Durango mainnet update will take place and Jupiter will initiate voting on launchpad. These events and announcements will be followed with great attention in the market.
Thursday
On Thursday, the European Central Bank is expected to announce its interest rate decision. Additionally, Federal Reserve Chairman Powell is scheduled to give a second speech, and voting on the distribution of Uniswap protocol fees to token holders will conclude. These developments may cause serious fluctuations in the market.
Friday
On the last day of the week, US Non-Farm Employment and Unemployment Rate will be announced. Additionally, the SEC will make its decision on the Blackrock Spot Ethereum ETF. These decisions and economic data can cause significant price movements in the crypto market.
In summary, it looks like the coming week will be quite busy and active for the crypto market. Investors and followers will follow these important developments closely and try to make the right moves.
You can follow the current price movement here.
