We have entered the last week of May and crypto currency investors BTCHe saw that the new new time broke the record of all time. Although Altcoins have not yet reached the desired levels, the rise trend for the market general may begin after the clarity of the tariffs. So what important developments this week Crypto Coins concerns.
Crypto Coins Important Developments
This week, we need to see more concrete steps regarding the macroeconomic front of the agenda and the tariff agreements. BTC At $ 109,500 and Eth It continues to find buyers below $ 2,600. The important developments of the week with the details of the day and time are as follows.
Tuesday, May 27
- 11:00 Fed/Kashkari will speak
- 17:00 CB Consumer trust (Expectation: 87 Previous: 86)
- Bitcoin $109,698.36 Las Vegas Conference
Wednesday, May 28
- 03:00 Fed/Williams
- 21:00 Fed minutes
Thursday, May 29
- 15:30 US First Unemployment Applications (Expectation: 230K Previous: 227k)
- 15:30 US GDP quarter of the 2nd. Estimation (Expectation: -0.3%)
- 15:30 Fed/Barkin
- Litecoin
$96.84 Summit
Friday, May 30
- 15:30 US PCE (Expectation: 2.2 % Previous: 2.3 %)
- Ethglobal Prague
Expectations in crypto currencies
This week’s senses are important for the future of data such as unemployment and non -agricultural employment in the 6th of June. We can see details about the background of the last interest rate decision in the Fed minutes. The FED focuses on the impact of tariffs on inflation for now, while ignoring the risks of high interest rates. If we can find details of discounts in the minutes, it will raise the risk markets. The decline of 2022 accelerated when the minutes of the December 2021 meeting arrived, perhaps it is time to be the opposite.
The Fed is aimed at 2 %inflation and the inflation indicator it follows PCE. Expectations for PCE on Friday, 2.2 %and low figures have been required to feed expectations for interest rate cuts in the markets.
Gdyih If the data comes to the extent that it can accelerate the Fed, crypto currencies can also upside down on Thursday. At the BTC conference, we can see that Trump’s son and other participants made some major announcements tomorrow. Finally, LTC and ETH activities can also increase volatility.
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 carry out their operations in line with their own research.
