There are fewer important macro events and cryptocurrency-related events this week. Last week was a big news week, and cryptocurrencies did experience large fluctuations. Cryptocurrencies are still affected by various news. There are multiple macro news this week, but the impact is limited. If nothing unexpected happens, the Fed will maintain the current interest rate in the next few months.

This week's major events:

Tuesday, May 7 *

RBA interest rate decision

Speech by several FOMC voting members

Wednesday, May 8 *

Fed Vice Chairman Jefferson speaks on the economy

Thursday, May 9 **

US 10-year Treasury auction

US initial jobless claims for the week

BoE interest rate decision

Friday, May 10 *

University of Michigan Consumer Confidence Index

Fed Board Governor Bowman speaks on financial stability risks