đđThis Week's Expected Important Events in Cryptocurrency Markets Push Investors to Prepare đđ
As a new week begins in the cryptocurrency world, investors are focusing on important developments that may affect the markets. These developments may increase volatility in the markets and create both opportunities and risks.
The speeches of the US Federal Reserve (Fed) officials and the economic data to be announced will be closely monitored throughout the week. The speeches of Fed officials Bostic and Kashkari on Monday may provide investors with valuable clues about monetary policies. The US Manufacturing and Services PMI data to be announced on the same day will provide important information about the direction of economic activity. According to expectations, the manufacturing PMI is expected to be 48.6 and the services PMI is expected to be 55.3.
Developments such as the Blockchain event to be held in Europe in the middle of the week and the hard fork in the EOS network will play a decisive role in the crypto ecosystem. In addition, key openings of projects such as VENOM and YGG may affect the supply-demand balance in the market.
Fed Chair Powell's opening speech and US Treasury Secretary Yellen's statements on Thursday may cause fluctuations in global markets. Gensler's speech at the Treasury Market Conference may shed light on new developments regarding crypto regulations.
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