In July, a series of important economic events and cryptocurrency-related developments will likely have a significant impact on the market. Here are some key information you must pay attention to:
Key economic events this week
Monday, July 1
WAN (Wanchain): An important announcement is coming that could affect the price of its token and overall market sentiment. SNEK: Token burn is about to begin, which could have an impact on the supply and demand of the token. ASI (AI Altcoin): The first phase of the merger is about to start, which may bring new investment opportunities or market changes after the integration.
Tuesday, July 2
CRO (Cronos): The token burn vote has concluded, and the results will affect the token economy of the Cronos ecosystem. Eurozone Consumer Price Index (CPI): Expected to be released, the market expects it to be 2.5%, which may affect the euro exchange rate and monetary policy expectations. Speech by Federal Reserve Chairman Jerome Powell: Powell's speeches usually have a significant impact on the market, especially on the direction of monetary policy.
Wednesday, July 3
US ADP Non-Farm Payrolls Change: Expected to be 156k, if the data exceeds or falls short of expectations, it may have an impact on the US dollar exchange rate and the overall market. Initial Jobless Claims: This data reflects the health of the US labor market and has an important impact on market sentiment. FOMC Minutes: The minutes of the Federal Open Market Committee (FOMC) meetings of the Federal Reserve usually contain important information about the future direction of monetary policy.
Friday, July 5
NYM (Nym Mixnet): The reward distribution will be decided by voting during the mixed mining process, and the results will affect the income of token holders. US unemployment rate, non-farm payrolls change and average hourly income month-on-month growth: These key employment data will directly affect the market's expectations of the US economic situation and the Federal Reserve's monetary policy. Federal Reserve Monetary Policy Report: The report will elaborate on the Federal Reserve's views on the current economic situation and monetary policy, which will have important guiding significance for the market.
Cryptocurrency News
In addition to the above economic events, the plunge in Bitcoin prices and the Mt Gox news are also worth paying attention to. Market fluctuations are often affected by various news, so investors should pay close attention to market dynamics to make wise investment decisions.
In short, July is a month full of challenges and opportunities. Investors should pay close attention to market dynamics and make reasonable investment decisions based on their own risk tolerance and investment goals.
Pay attention to view the pinned v, bull market strategy layout, share various passwords, and take you to learn more about 100x coins! $BTC $ETH $BNB #非农就业数据即将公布 #美国5月核心PCE物价指数年率增幅创2021年3月以来新低 #MiCA
