As every Sunday, we discuss the important developments waiting for us for crypto currencies. Crypto currency We will start an intensive week for investors and this potential gain brings losses. Let’s take a look at which key developments are waiting for us with the details of the day and time.
Crypto Coins Important Developments
Bitcoin price According to the Binance TR data at the time of preparation, it is located in $ 95,800 and the subcoins are painted red. Weak volumes and approaching Fed interest rate decision accelerated sales. The postponement of some financial institutions to the postponement of interest rate cuts for June indicates that Powell may not wear a ton of pigeon on Wednesday.
The only thing we will see in the coming days is the interest rate. There are many important developments and day by day details as follows.
Monday, May 5
- The first tariff agreement is expected to be signed during the week. The US Treasury Minister pointed to this week at the latest.
- 10:00 Türkiye inflation (Expectation: 38 %Previous: 38.1 %)
- 16:45 US S&P Service PMI (Expectation: 51.2 Previous: 51.4)
Tuesday, May 6
- 15:30 US Trade Balance (Expectation: $ 136.7 billion before: -122,7)
- 19:00 Trump will meet Carney (Canada)
- SONIC (S) Summit
Wednesday, May 7
- 17:00 Bessent will testify in the Panel of the House of Representatives
- 21:00 Fed Interest Decision (Expectation: Fixed)
- 21:30 Powell will speak
Thursday, May 8
- 17:00 Artificial Intelligence CEOs will testify in the Senate session
Friday, May 9
- 13: 15-18: 30 Williams, Kugler and Goolsbee will talk
Effect on Crypto Coins
We said that the first tariff agreement is expected to be signed this week. Crypto currency Investors will be encouraged if they are understood with one of the great partners and this is put into formal. On the other hand, the Carney-Trump meeting on Tuesday is quite critical and if the US President wants to be constructive, he should balance the fear by making moderate explanations here.
On Wednesday, we expect to see important explanations about both the FED and the tariffs in the Treasury minister’s statement. Powell will make explanations for the interests left fixed in the evening, and what we’re going to call here will be signals that illuminate our way for June.
Bitcoin and subcoins It seems certain that we will experience quite moving hours for.
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.
