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Reading: 10 Developments Will Move Cryptocurrencies in the Week of September 9-15
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EdaFace Newsfeed > Latest News > Crypto News > 10 Developments Will Move Cryptocurrencies in the Week of September 9-15
Crypto News

10 Developments Will Move Cryptocurrencies in the Week of September 9-15

vitalclick
Last updated: September 7, 2024 12:24 pm
5 months ago
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Contents
Cryptocurrencies Important DevelopmentsTuesday, September 10Wednesday, September 11Thursday, September 12Saturday, September 14What About Cryptocurrencies?

Every week, we compile the important developments of the coming days in advance and share them through. It is extremely important to know which upcoming data may cause volatility and to be prepared for it. This week, we will discuss the upcoming important developments that may move the charts in the cryptocurrency markets between September 9-15.

Cryptocurrencies Important Developments

Bitcoin $54,380.21 price Altcoins continue the day in the red as they fell to $52,550 in the last 24 hours. There is a Fed meeting on September 18 and the interest rate cut is certain. However, investors’ expectations about the size of the cut have been changing for weeks. We have experienced 2 years of negative volatility pressure before the Fed weeks. The Fed has been keeping interest rates at the top for 1 year and this time the fluctuation in the chart before the meeting may be in favor of the bulls because the first cut decision will come. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!

Important events that will interest cryptocurrency investors over the next 7 days with day and time details are as follows.

Tuesday, September 10

  • Trump and Kamala to Debate in ABC News Session
  • SUSHI to Launch Meme Coin Launchpad Dojo

Wednesday, September 11

  • 15:30 US Inflation (Expected: 2.6% Previous: 2.9%)
  • US Core Inflation (Expected: 3.2% Previous: 3.2%)
  • APT Unlocking ($66 Million)

Thursday, September 12

  • 15:15 European Central Bank Interest Rate Decision (Expectation: 4% Previous: 4.25%)
  • 15:30 US Producer Price Index (Expected: 1.7% Previous: 2.2%)
  • 15:30 US Unemployment Claims (Expected: 230K Previous: 227K)
  • TUM Blockchain Conference (September 12-13)

Saturday, September 14

  • RENDER Unlock ($3.66M)

What About Cryptocurrencies?

The most important event of the week is the USA inflation data It will be. The data that will come here is expected to be positive for cryptocurrencies. Trump and Harris will face each other for the first time, so there may be movement in Trump tokens. We will see fluctuations depending on Donald Trump’s performance in the debate. If the issue of cryptocurrency policies comes up in this program, this means extra volatility.

Harris is looking for ways to properly support innovation here, but has yet to make a clear statement herself. Trump cryptocurrencies has already made its stance on the matter clear.

Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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