Today, as in the week, crypto- We are discussing the important developments that will occur in the coming days in currencies. We have experienced and seen the impact of these important events that cause increased volatility on prices for years. Being prepared for these developments in advance is an extremely important advantage for investors. So what developments will we see regarding cryptocurrencies in the next 7 days?
Cryptocurrencies Important Developments
Inflationemployment data, we saw all the data that will shape the Fed’s interest rate cut decision. Inflation is falling and employment has confirmed once again this month how necessary the Fed’s interest rate cuts are. Here are the important events that concern cryptocurrency investors with day and hour details.
Monday, September 16
- 15:00 European Central Bank/Lane Will Speak
- ARB Unlocking ($49.7M)
Tuesday, September 17
- 15:30 US Core Retail Sales (Expected: 0.2% Previous: 0.4%)
- 17:00 Fed/Logan Will Speak
- Trump’s WLF DeFi Project to Launch
- APE ($11.8 Million)
Wednesday, September 18th
- 12:00 European Inflation (Expected: 2.2% Previous: 2.2%)
- 21:00 Fed Rate Decision (Expectation: 25bp Cut)
- 21:00 Fed 3-Year Interest Rate Forecasts
- 21:30 Fed Chairman Powell Will Speak
- Token2049 Singapore Event
- Shiba Inu Liquid Staking Launch
- MakerDAO to Launch USDS and SKY Tokens (DAI and MKR Conversion)
Thursday, September 19
- 14:00 CBRT Interest Rate Decision (Expectation: Stable)
- 15:30 US Unemployment Claims (Expected: 232K Previous: 230K)
- Terraform Labs Bankruptcy Hearing
Friday, September 20
- 21:00 Fed/Harker to Speak
- Solana Breakpoint Event (September 20-21)
- DUSK Mainnet
Saturday, September 21
- Bitcoin $60,045 Deadline for ETF Options
Those Waiting for Cryptocurrencies
The most important event of the week will undoubtedly be the news from the Fed on Wednesday. The members’ dot plot will also be published, meaning the Fed’s forecast for the next 3 years. interest rate reduction We will see their expectations. The previous dot plot was revised down and demoralized. As much less interest rate cuts are expected for this year, we experienced a decline in crypto as the details emerged.
Now it should be the other way around. While a 100bp reduction is expected this year, the Fed members’ revision of their interest rate cut estimates in favor of risk markets could pave the way for a significant rise in cryptocurrencies. With the confirmation of the estimated reduction amount for next year, it is likely that the pace of the easing in crypto will become clear and pricing will begin.
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.
