King crypto currency The unit continues the day at $ 96,300 and the US data recently caused fluctuation. Trump’s additional customs tariffs increased the volatility and negatively affected interest rates for the coming meetings. What important developments await crypto currency investors in the week of February 24, 2 March?
Crypto Coins Important Developments
As every week, we discuss important developments waiting for crypto currency investors. Again there will be a moving week. Bybit hacking incident due to the struggle for freezing the assets in the hands of the attacker. Although the stock market can save some assets, the majority is still in Lazarus.
So this week day day crypto currency What important developments are waiting for its investors?
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
Tuesday, February 25
- 12:20 Fed/Logan will talk
- [1945-21:00Fed/BarrandBarkin
Wednesday, February 26
- 08:00 G20 Meeting
- 20:00 Fed/Bostic
Thursday, February 27
- 16:30 US GDP quarter of the 2nd. Estimation (Expectation and Previous: 2.3 %)
- 17:45-23: 15 5 different Fed members will talk
Friday, February 28
- 16:30 US PCE (Expectation: 2.5 %Previous: 2.6 %)
Expectations in crypto currencies
The key development of the week will come on Friday PCE data. Since this data is an inflation indicator followed by Fed, it will be supportive for markets to see a decrease in the expectation compared to the previous month. Although Powell has the worries about data with his comments before the latest PPI data, the expectation is that the expectation will decrease by 0.1.
Markets are pricing that the Fed will make a single interest rate reduction this year, and this can be significantly supportive for crypto money markets, as it easily reverses with good future data. On the other hand, it is possible that the moves of SEC’s termination decision regarding the Coinbase case are in other cases in the coming days.
The last 4 days BTC ETF The exit on the channel continues and this series started on 6 February. After such long exit periods, there were periods in which the entrances started again. This can be supportive for the market.
Bybit hacking incident due to the stock market will have to accumulate ether. This situation positively affected the king of Altcoin at the price of $ 2,800, but in the coming days, the reserve can open the door to more with the debt and new acquisitions.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.
