Important events for the crypto market on July 10 from the economic calendar. There is one key event today - another speech by US Federal Reserve Chairman Powell. His speech yesterday led to slight fluctuations in the price of#BTCby 1.6%.
Otherwise, today is a calm day in terms of macroeconomics. Data on consumer and industrial inflation have been released in China. The first, on an annual basis, is better than forecast. The second is within the framework of the forecast. But for now they are important not so much specifically for the crypto market (Chinese money never went into the Hong Kong crypto ETF), but for assessing global economic trends.
Schedule for the rest of the day:
❗️ - 17:00 Kyiv time and Moscow time / 19:00 Astana time - Speech by US Federal Reserve Chairman Jerome Powell.
- 21:30 Kyiv time and Moscow time / 23:30 Astana time - Speech by US Federal Reserve member Bowman (permanent chairman, closer to the “hawks”).
The key days of the week, let us remind you, are July 11 and 12. When will consumer and manufacturing inflation data be released in the US? These data can give the crypto market a direction of movement in the medium term.