After a week in which Bitcoin and other cryptocurrency prices were generally on the rise, crypto investors focused on the economic developments to follow in the following week.
As it is known, with the banking crisis in the USA, the Bitcoin price exceeded $ 28,000 this week.
Here are the important economic data that cryptocurrency investors should follow closely this week.
Monday, March 20
17:00 - European Central Bank President Lagarde to Speak
19:00 - European Central Bank President Lagarde Will Speak Again
The process that started after Credit Suisse fell into an extremely difficult financial situation in Europe remains on the agenda due to concerns that the crisis may spread to other European banks.
For this reason, the speeches of European Central Bank President Lagarde will be followed closely.
Tuesday, March 21
15:30 - European Central Bank President Lagarde to Speak
18:30 - President of the Supervisory Board of the European Central Bank Andrea Enria will speak
Wednesday, March 22
11:45 - European Central Bank President Lagarde to Speak
21:00 – FED Interest Rate Decision (Expected: 25 Basis Point Interest Rate Increase)
21:30 - US Federal Open Market Committee (FOMC) Press Conference: Jerome Powell Will Speak After the Interest Rate Decision
Since daylight saving time has been implemented in the USA, this week the FED's interest rate announcement and FED Chairman Jerome Powell's speech will take place at 21:00 and 21:30 instead of 22:00 and 22:30. Cryptocurrency followers should pay attention to this.
Thursday, March 23
15:30 - US Initial Unemployment Claims (Expected: 199,000, Previous: 192,000)
*This is not investment advice.
Source: www.bitcoinsistemi.com